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When a price floor sits above equilibrium, quantity supplied ends up:

AEscaping demand
BEntering demand
CExceeding demand
DEqualling demand
Answer & Solution
Correct answer: C. Exceeding demand
1. The higher legal price draws out more sellers. 2. It also drives some buyers away. 3. So quantity supplied exceeds quantity demanded. _Source: OpenStax Principles of Microeconomics 3e, Chapter 3, Demand and Supply._
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