Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
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