TABLE 4-2 -Refer to Table 4-2. Suppose That D₁ and S₂ Are

TABLE 4-2

-Refer to Table 4-2. Suppose that D₁ and S₂ are the demand and supply schedules for Product A. What is the result if the government imposes a price floor of $10?

A) Producers will have produced a surplus of 12 units.
B) Consumers will be able to purchase as many units as desired at that price.
C) Consumers will face a shortage of 4 units.
D) Producers will be able to sell all the units that they desire to at that price.