Concerned about the political fallout from rising gas prices, the government decides to impose a price ceiling on gasoline of $4.00 a litre. If the oil-producing nations increase production and drive the equilibrium price of gasoline to $3.00 a litre, The market for gasoline is . . . O A. a surplus of gasoline emerges and an illicit market does not emerge; efficient O B. a shortage of gasoline emerges and an illicit market emerges; inefficient O C. a shortage of gasoline emerges and an illicit market emerges; efficient O D. neither a surplus nor a shortage of gasoline emerges and an illicit market does not emerge; efficient O E. a surplus of gasoline emerges and an illicit market emerges; inefficient