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Figure 4-17 Refer to Figure 4-17. If the Government Imposes a Price

Question 321

Multiple Choice

Figure 4-17 Figure 4-17 Refer to Figure 4-17. If the government imposes a price ceiling in this market at a price of $5.00, the result would be a A) shortage of 20 units. B) shortage of 10 units. C) surplus of 20 units. D) surplus of 10 units.
Refer to Figure 4-17. If the government imposes a price ceiling in this market at a price of $5.00, the result would be a


A) shortage of 20 units.
B) shortage of 10 units.
C) surplus of 20 units.
D) surplus of 10 units.

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