Figure 4-3. If the price in this market is currently $12, what would happen? Question 4Answer a. There would be a shortage of 20 units so producers would increase production. b. There would be a surplus of 20 units and the price would tend to fall. c. There would be a shortage of 20 units so producers would increase production. d. There would be a surplus of 40 units and the price would tend to fall