When a price floor that has an impact is removed,which of the following statements is correct?

A) Price of the good increases.
B) Quantity supplied for that good decreases.
C) Demand for that good increases.
D) None of these choices are correct.

Price Floor

A government- or authority-imposed price control or limit on how low a price can be charged for a product, service, or commodity.

Quantity Supplied

The supply of a product or service that vendors are willing and capable of providing at a specific price during a definite period.

Price

The financial requirement, expectation, or contribution made for the procurement of an item.