?

AP® Macroeconomics

Free Version

Upgrade subject to access all content

Moderate

Government Market Involvement

APMACR-JOKKFN

Refer to the graph above.

If the government set a price of $30 per unit, which of the following would occur?

A

Shortage

B

Price Ceiling

C

Price Floor

D

Allocative Efficiency

E

Equilibrium