Suppose Demand Is Given By $Q ^ { d } = 500 - 15 P \text { and supply is given by } Q ^ { s } = 5 P$

Multiple Choice

Suppose demand is given by $Q ^ { d } = 500 - 15 P \text { and supply is given by } Q ^ { s } = 5 P$ . If the government imposes a $30 price floor, the excess supply will be

A) 25
B) 50
C) 100
D) 150