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Question 108

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Use the following to answer question: Use the following to answer question: -(Figure: Supply and Demand) Use Figure: Supply and Demand.A price ceiling of P<sub>3</sub> causes: A) a shortage equal to the distance AB. B) a surplus equal to the distance AB. C) a shortage equal to the distance DE. D) no change to the market.
-(Figure: Supply and Demand) Use Figure: Supply and Demand.A price ceiling of P3 causes:


A) a shortage equal to the distance AB.
B) a surplus equal to the distance AB.
C) a shortage equal to the distance DE.
D) no change to the market.

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