If government set a minimum price of $50 in the above market, a:

If government set a minimum price of $50 in the above market, a:

If government set a minimum price of $50 in the above market, a: 




A. shortage of 21 units would occur.
B. shortage of 125 units would occur.
C. surplus of 21 units would occur.
D. surplus of 125 units would occur.



Answer: C