Assume a price floor is imposed at the current equilibrium price in the market for lettuce.If the demand for lettuce then increases:
A)a surplus of lettuce will be created.
B)a shortage of lettuce will be created.
C)the quantity of lettuce traded remains the same.
D)the quantity of lettuce supplied will increase.
E)the quantity of lettuce supplied will decrease.

Question

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The Answer of Assume a price floor is imposed at the current equilibrium price in the market for lettuce.If the demand for lettuce then increases:
A)a surplus of lettuce will be created.
B)a shortage of lettuce will be created.
C)the quantity of lettuce traded remains the same.
D)the quantity of lettuce supplied will increase.
E)the quantity of lettuce supplied will decrease.

Assume a Price Floor Is Imposed at the Current Equilibrium