Suppose That a Maximum Price (Price Ceiling) Is Legislated

Multiple Choice

Suppose that a maximum price (price ceiling) is legislated. To calculate consumer surplus:

A) integrate the area under the demand curve and above the free-market equilibrium price.
B) integrate the area under the demand curve and above the ceiling price between zero quantity and the free-market equilibrium quantity.
C) integrate the area under the demand curve and above the ceiling price between zero quantity and the quantity resulting from the price ceiling.
D) integrate the area under the demand curve and above the supply curve between zero quantity and the quantity resulting from the price ceiling.