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Exhibit 4-5 -Refer to Exhibit 4-5.Suppose the Government Imposes a Price Ceiling

Question 47

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Exhibit 4-5 Exhibit 4-5   -Refer to Exhibit 4-5.Suppose the government imposes a price ceiling at P = $0.The result will be a A)  shortage of kidneys equal to (Q<sub>3</sub> - Q<sub>1</sub>) . B)  surplus of kidneys equal to (Q<sub>3</sub> - Q<sub>1</sub>) . C)  shortage of kidneys equal to (Q<sub>2</sub> - Q<sub>1</sub>) . D)  surplus of kidneys equal to (Q<sub>2</sub> - Q<sub>1</sub>) .
-Refer to Exhibit 4-5.Suppose the government imposes a price ceiling at P = $0.The result will be a


A) shortage of kidneys equal to (Q3 - Q1) .
B) surplus of kidneys equal to (Q3 - Q1) .
C) shortage of kidneys equal to (Q2 - Q1) .
D) surplus of kidneys equal to (Q2 - Q1) .

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