1. If the price of gasoline is set below the equilibrium price by government action

		there will be a surplus of gasoline
		there will be a shortage of gasoline
		all buyers will be able to purchase their desired quantities
		market equilibrium will occur in spite of government regulation

2. You would be willing to pay a maximum of $100 to attend a football game, and you can buy a ticket for $30.  Your consumer surplus is

		$30
		$50
		$70
		$100