Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
Figure: The Market for Butter
-(Figure: The Market for Butter) Use Figure: The Market for Butter.If a government price floor of $1.20 is imposed on this market,an inefficiency will result in the form of a _____ of _____ million kilograms of butter.

A) surplus;4.5
B) shortage;4.5
C) surplus;1.5
D) shortage;1.5