In an attempt to help paddy farmers, the government of Country X imposed a $6 per kilogram price floor on rice. Before the price floor, the price of rice was $2 per kilogram.

What of the following best describes a consequence of this price floor?

Group of answer choices

Fewer rice get sold.

All paddy farmers will definitely benefit.

There will be a shortage of rice.

Sellers may sell above the price floor.

The marginal benefit of the quantity sold will be less than the marginal cost of the quantity sold.