the consequences of a price floor set below the equilibrium price is a. a surplus , where the quantity supplied exceeds the quantity demanded b.

the consequences of a price floor set below the equilibrium price is

a. a surplus , where the quantity supplied exceeds the quantity demanded       b. a surplus, where the quantity demanded exceeds the quantity supplied         c. nothing, the price floor will have no impact on the quantity demanded or the quantity supplied    d. a surplus, where the quantity supplied exceeds the quantity demanded         e. a shortage, where the quantity demanded exceeds the quantity supplied