The government has set a price floor on bread. manufacturers cannot sell loaves for less than $5.00, which is a dollar above the market price. what will most likely result from this price control? the quantity demanded for bread will decrease, and the quantity supplied will increase. the quantity demanded and quantity supplied for bread will increase. the quantity demanded for bread will increase, and the quantity supplied will decrease. the quantity demanded and quantity supplied for bread will decrease.

 The quantity demanded for bread will decrease, and the quantity supplied will increase.

Explanation:

Price floor is the legal minimum price that is set by the government. This price is binding if it is set above the market clearing price. A binding price floor creates a surplus in the market. At the price floor quantity demanded decreases while quantity supplied increases, thus leading to a surplus in the market. The amount of this surplus is equal to Quantity supplied minus quantity demanded.

what are the options

explanation:

answer; blank (1) hrm specialists,blank(2); line managers;