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MMLU-Pro / 7174 / A consequence of a price floor is

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

A consequence of a price floor is

category

economics

options

  1. an elimination of consumer surplus.
  2. a decrease in the demand for the good.
  3. a decrease in producer surplus.
  4. a persistent surplus of the good.
  5. an increase in total welfare.
  6. a decrease in the price of the good.
  7. a stabilization of the market.
  8. an increase in deadweight loss.
  9. elimination of deadweight loss.
  10. a persistent shortage of the good.

src

ori_mmlu-high_school_microeconomics

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Source and history

Official source

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