Suppose the Equilibrium Price of Bread Is $2 Per Loaf

Suppose the equilibrium price of bread is $2 per loaf. What would be the efficiency implications of a government policy that prevents the price of bread from rising above $1?

A) The outcome would be inefficient since the marginal cost of producing bread is less than the marginal benefit to the consumers.
B) The outcome would be inefficient since the marginal benefit to consumers is less than the marginal cost of producing the bread.
C) The outcome would be efficient since the total benefit from consumption would be equal to the total cost of producing bread.
D) The outcome would be efficient since the total net benefits would be maximized.
E) The outcome will be efficient since the policy lowers the price of an essential item for consumers.