Multiple Choice
Use the following to answer question: 
-(Table: Market for Fried Twinkies) Use Table: Market for Fried Twinkies.In response to popular anger over the high price of fried Twinkies and the extreme wealth of fried Twinkie producers,the government imposes a price ceiling of $1.20 per fried Twinkie.From this table,the price ceiling causes a _____ fried Twinkies.
A) shortage of 3,000
B) shortage of 5,000
C) surplus of 8,000
D) surplus of 3,000
Correct Answer:
Verified
Correct Answer:
Verified
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