If government fixes price below the equilibrium price, what effect will it have on demand?

If government fixes price below the equilibrium price, what effect will it have on demand?
  • A.
    Quantity demanded and supplied will be equal
  • B.
    Quantity supplied will be greater than quantity demanded
  • C.
    Quantity demanded will increase
  • D.
    Quantity demanded will decrease
Correct Answer: Option C
Explanation
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