Exhibit 5-6 Refer to Exhibit 5-6

Exhibit 5-6 Refer to Exhibit 5-6.The government imposes a $3.25 price ceiling at the same time there is a substantial decrease in the price of sport utility vehicles.(Assume that sport utility vehicles get very low mileage per gallon.) As a result,the:

A) price of gasoline equals $3.25 per gallon and the quantity demanded equals the quantity supplied.
B) price of gasoline rises above $3.25 per gallon and a surplus of gasoline is created.
C) price of gasoline will fall below $3.25 per gallon and a shortage of gasoline is created.
D) legal price of gasoline will equal $3.25 per gallon and a shortage of gasoline is created.