Which of the following would take place in the market for Gateway desktop computers if the government implemented a price ceiling of $1,900?
Market for Gateway Desktops
Quantity
Quantity
Price
Supplied
Demanded
$2,000
72,000
40,000
$1,900
68,000
52,000
$1,800
64,000
64,000
$1,700
60,000
76,000
$1,600
56,000
88,000
$1,500
52,000
100,000
$1,400
48,000
112,000
$1,300
44,000
124,000
$1,200
40,000
136,000
A. A surplus of 4,000 computers would result.
B. A shortage of 16,000 computers would occur.
C. No shortage or surplus would occur because the ceiling is ineffective.
D. A surplus of 16,000 computers would result.