c) After the Parliament votes to repeal the price floor and impose a price ceiling of $30.00 below the for- mer price floor, the new market price becomes $20.00. There are 4 million REcoins being sold at $20.00 each with 12 million demanded. This results in a shortage of 8 million. d) If the price ceiling was set to $40.00, there would be 10 million REcoins sold and 4 million demanded. This would provide another shortage of 6 million