Refer to the Information Provided in Figure 4

Multiple Choice

Refer to the information provided in Figure 4.3 below to answer the question(s) that follow. Figure 4.3
-Refer to Figure 4.3. In the market for pencils, the quantity demanded will be greater than the quantity supplied if the government imposes an effective

A) price floor.
B) price ceiling.
C) market equilibrium price.
D) price surplus.