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Figure 6-6 -Refer to Figure 6-6.Which of the Following Statements Is Correct

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Figure 6-6 Figure 6-6   -Refer to Figure 6-6.Which of the following statements is correct? A)  A price ceiling set at $4 will be binding and will result in a shortage of 3 units. B)  A price ceiling set at $4 will be binding and will result in a shortage of 6 units. C)  A price ceiling set at $7 will be binding and will result in a surplus of 6 units. D)  A price ceiling set at $7 will be binding and will result in a surplus of 12 units.
-Refer to Figure 6-6.Which of the following statements is correct?


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