Figure 4-19 -Refer to Figure 4-19.When the Price Ceiling Applies in This

Multiple Choice

Figure 4-19

-Refer to Figure 4-19.When the price ceiling applies in this market and the supply curve for gasoline shifts from S₁ to S₂,the resulting quantity of gasoline that is bought and sold is

A) less than Q₃.
B) Q₃
C) between Q₁ and Q₃.
D) at least Q₁.