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Figure: Supply and Demand 1 Refer to Figure

Question 29

Multiple Choice

Figure: Supply and Demand 1 Figure: Supply and Demand 1 Refer to figure. If, in this figure, the government enacts a price ______ by setting the good's price at $6, it will create a ______. A) floor; surplus of 4 units B) ceiling; shortage of 10 units C) floor; surplus of 10 units D) ceiling; shortage of 4 units Refer to figure. If, in this figure, the government enacts a price ______ by setting the good's price at $6, it will create a ______.


A) floor; surplus of 4 units
B) ceiling; shortage of 10 units
C) floor; surplus of 10 units
D) ceiling; shortage of 4 units

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