(Figure: The Market for Milk) Use Figure: The Market for Milk. If a government price floor of $1.20 is imposed on this market, inefficiency will result in the form of a _____ of _____ gallons of milk. 
A) surplus; 4.5
B) shortage; 4.5
C) surplus; 1.5
D) shortage; 1.5
Correct Answer:
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