Which of the Following Is Not a Likely Result of a Price

question 56

Multiple Choice

Which of the following is not a likely result of a price floor?

• A)Excess supply of a good
• B)A persistent shortage
• C)A market price higher than equilibrium
• D)The quantity supplied exceeds the quantity demanded.
• E)Resources are diverted away from other activities to deal with the extra output.

---

Definitions:

Psychographics

The analysis of consumer lifestyles to create a detailed profile, helping marketers tailor their strategies.

Behavioral Targeting

An online marketing method that uses web user information to strengthen advertising campaigns through personalized experiences.

Participatory Advertising

A marketing approach that involves the audience or consumer base in the creation or promotion of advertising content, fostering engagement and relevance.

Mandatory Guidelines

Compulsory rules or standards that must be followed in certain actions or procedures.