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Mr. Kent, Shortage of 50Mrs. Becker, Surplus of 50Mrs. Eaton, Price Floor- SurplusMrs. Maxwell, Price Ceiling- ShortageMr. Vincent, Surplus of 45Mr. Getner, Shortage of 95

Mr. Kent, Shortage of 50Mrs. Becker, Surplus of 50Mrs. Eaton, Price Floor- SurplusMrs. Maxwell, Price Ceiling- ShortageMr. Vincent, Surplus of 45Mr. Getner, Shortage of 95

4. Local producers of honey buns believe the current equilibrium price is too low. They successfully lobby the government for a price control. Determine the type of price control to figure out what results. (Use graph below) P Honey Buns S Price Floor Price Coiling 200 230 250 295

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