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Figure: Effects of Price Ceilings
-(Figure: Effects of Price Ceilings) Refer to the figure. Suppose that the data represent the retail gasoline market. At a price ceiling of $2, the total value of wasted time from waiting in line is:
A) $5.
B) $10.
C) $15.
D) $20.

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Use the following to answer questions:
Figure: Effects of Price Ceilings 
-(Figure: Effects of Price Ceilings) Refer to the figure. Suppose that the data represent the retail gasoline market. At a price ceiling of $2, the total value of wasted time from waiting in line is:
A) $5. 
B) $10. 
C) $15. 
D) $20.

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The Answer of Use the following to answer questions:
Figure: Effects of Price Ceilings 
-(Figure: Effects of Price Ceilings) Refer to the figure. Suppose that the data represent the retail gasoline market. At a price ceiling of $2, the total value of wasted time from waiting in line is:
A) $5. 
B) $10. 
C) $15. 
D) $20.

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