The local legal government is thinking about instituting a $20 price ceiling for two markets. Of the two markets depicted, which one will see a larger reduction in the equilibrium quantity?

A. Market A will have the largest reduction in equilibrium quantity

B. Market B will have the largest reduction in equilibrium quantity

C. Markets A and B will have the same reductions in their equilibrium quantity due to the fact that price ceiling is not binding.

D. It is impossible to determine.

Price Price (dollars/unit) (dollars/unit] A 51 B 450 $50 CA 40 40 30 30 - 20 20 D D 10 0 1 0OO 200 400 1000 200 ODY 600 800 Quantity Quantity