14. (Figure: Water Market) Refer to the figure. If a price floor gets set at $8 per gallon, how big is the shortage or surplus? Price per gallon of WHEer $16 14 12 0 20 45 50 BC 100 120 140 1GD Gallons of water [thousands) A. 60,000 gallons in surplus B. 120,000 gallons in surplus C. 60,000 gallons in shortage D. 12,000 gallons in shortage