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can someone explain this?? 8. Figure: Price Restrictions Price Supply $15 a 11 b 8 k Demand 0 40 65 100 Quantity The city of

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can someone explain this??

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8. Figure: Price Restrictions Price Supply $15 a 11 b 8 k Demand 0 40 65 100 Quantity The city of Cherryville sets a price ceiling of $11 on restaurant meals in the city. The effect of the price ceiling is: a. a shortage of 60 units. b. an equilibrium at 65 units. c. a surplus of 60 units. d. 100 units sold in the market

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