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(Figure: Price Ceiling) Refer to the Figure

Question 4

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(Figure: Price Ceiling) Refer to the figure. A price ceiling of $10results in a: A) shortage of 270 units. B) shortage of 40 units. C) surplus of 270 units. D) surplus of 40 units. (Figure: Price Ceiling) Refer to the figure. A price ceiling of $10results in a:


A) shortage of 270 units.
B) shortage of 40 units.
C) surplus of 270 units.
D) surplus of 40 units.

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