Why Do Price Ceilings Tend to Cause Persistent Imbalances in the Market

Multiple Choice

Why do price ceilings tend to cause persistent imbalances in the market?

A) Quantity demanded exceeds quantity supplied but price cannot rise to remove the shortage.
B) Quantity demanded exceeds quantity supplied but price cannot fall to remove the surplus.
C) Quantity supplied exceeds quantity demanded but price cannot rise to remove the shortage.
D) Quantity supplied exceeds quantity demanded but price cannot fall to remove the surplus.