FIGURE 5- 2 -Refer to Figure 5- 2. a Price Floor Set at Floor

Multiple Choice

FIGURE 5- 2
-Refer to Figure 5- 2. A price floor set at a price of $1.00 will result in

A) a shortage of 20 units.
B) a shortage of 10 units.
C) a surplus of 20 units.
D) a surplus of 10 units
E) no change in the market outcomes.