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figure below. If the government sets a price ceiling of $6, This graph shows a supply line and a demand line. The supply line starts
figure below. If the government sets a price ceiling of $6, This graph shows a supply line and a demand line. The supply line starts at approximately (4,2), slopes upward to cross the demand line at approximately (10, 11), and ends at approximately (16,18). The demand line starts at approximately (4,18), slopes downward to cross the supply line at approximately (10,11), and ends at approximately (18,1) Question 38 options: a) there would be a shortage of 14 units. b) there would be an excess supply of 6 units. c) consumers would demand 14 units. d) There would be a shortage of 4 units
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