Suppose the Republic of Controlistan is hit by an epidemic against which masks prevent infection. As demand for masks increases, the price of masks also increases. Troubled by this development, the President of Controlistan decides to impose a price ceiling on masks at the market equilibrium price before the epidemic, arguing that we should not let the free market exploit the crisis for profit. Which of the following statements is/are true? i. The price ceiling will result in a shortage of masks. ii. The price ceiling will result in a deadweight loss. ili. The market equilibrium without a price ceiling will lead to the fairest outcome for society. Select one: O A. Only iii. is true. O B. i., ii. and iii. are all true. O C. Only i. is true. O D. Both i. and iii. are true. O E. Both i. and ii. are true