In Venezuela, price controls (ceilings) have been imposed on hundreds on consumer goods. Which of the following are likely outcome(s) of price ceilings? (select all that apply) Deadweight loss will be created There will be a shortage of many of these goods The demand for these goods will rise Producer surplus will increaseSuppose that Li's utility function is given by U = /, where I represents annual income in thousands of dollars. Is Li risk loving, risk neutral, or risk averse? He is risk neutral because his utility function exhibits constant marginal utility He is risk averse because his utility function exhibits increasing marginal utility He is risk loving because his utility function exhibits increasing marginal utility He is risk averse because his utility function exhibits constant marginal utility He is risk averse because his utility function exhibits diminishing marginal utility