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Use the following to answer question : Use the following to answer question :   -(Figure: Quantity Controls) Use Figure: Quantity Controls.If the government decides to restrict the quantity sold to 100,which statement is FALSE? A)  Total surplus will fall by areas C and E. B)  The market is not at the free-market equilibrium. C)  Consumer surplus is maximized. D)  Some mutually beneficial transactions have been eliminated.
-(Figure: Quantity Controls) Use Figure: Quantity Controls.If the government decides to restrict the quantity sold to 100,which statement is FALSE?


A) Total surplus will fall by areas C and E.
B) The market is not at the free-market equilibrium.
C) Consumer surplus is maximized.
D) Some mutually beneficial transactions have been eliminated.

Correct Answer:

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