The above figure shows the market for winter jackets. In an effort to keep the nation warm, the president places a price ceiling of $100 in the market for winter jackets. As a result, there is a
A) shortage equal to 150,000 jackets.
B) surplus equal to 150,000 jackets.
C) surplus equal to 300,000 jackets.
D) shortage equal to 250,000 jackets.
E) shortage equal to 100,000 jackets.
A
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