Which is not an effect of a price floor?

Question

Quizplus · Accepted Answer

Deregulation is not an effect of a price floor. A price floor is a government-imposed minimum price that is higher than the equilibrium price, and it typically leads to surpluses, misallocation of resources, and wasteful increases in quality, as producers have an incentive to produce more than consumers are willing to buy at the higher price. Deregulation, on the other hand, refers to the removal of government regulations and restrictions on an industry or market, which can lead to increased competition and more efficient allocation of resources.

Which Is Not an Effect of a Price Floor