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Refer to Table 4-3. What will result if the government imposes a price ceiling of $1.20 per litre on gasoline? a 600000 litre surplus - 250000 litre surplus Refer to Table 4-3. What will result if the government iryposes a price ceiling of $1.20 per litre on gasoline? a 600000 litre surplus a 250000 litre surplus a 250000 litre shortage a 600000 litre shortage