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The Table Given Below Reports the Quantity Demanded and Supplied

question 91

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The table given below reports the quantity demanded and supplied of a commodity at different prices in a market.Table 3.5
The table given below reports the quantity demanded and supplied of a commodity at different prices in a market.Table 3.5    -Which of the following is true of a price floor? A) A price floor allows supply and demand to function effectively. B) A price floor is set such that the price is not allowed to increase above a certain level. C) A price floor is beneficial to buyers in a market. D) A price floor usually creates a shortage of a good in a market. E) A price floor is set such that the price is not allowed to decrease below a certain level.
-Which of the following is true of a price floor?


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