(Choose 1 answer)
Figure 6-2
Price
$20
18
16
14
12
10
8
6
4
2
0
S
(17280) Refer to Figure 6-2. If the government imposes a binding price ceiling of $8.00 in this market, the result would be a
A. shortage of 40.
B. surplus of 20.
C. surplus of 40.
D. shortage of 20.
10 20 30 40 50 60 70 80 90 100
Quantity
Finish
38
