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42. Suppose a price ceiling of $300 is imposed in the market shown in Figure 9. 1400 Price 1300 1200 1100 1000 500 800 700

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42. Suppose a price ceiling of $300 is imposed in the market shown in Figure 9. 1400 Price 1300 1200 1100 1000 500 800 700 600 500 4m 300 200 - 100 O 3 S 9 12 15 16 21 24 27 50 Quantity Figure 9: Market for Surface Tablets As a result, there is a and deadweight losses of (a) shortage of 15 units; $7,200 (b) surplus of 6 units; $7,200 ((3) shortage of 6 units; $3,600 (d) surplus of 15 units; $3,600 ) (e None of the above

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