Use the Following to Answer Questions

question 121

Multiple Choice

Use the following to answer questions:
Figure: Price Ceiling of Ps
-(Figure: Price Ceiling of Ps) Refer to the figure. Suppose a price ceiling of Ps is imposed. The shaded area may likely represent all of the following EXCEPT:

• A) value of wasted time.
• B) the amount that buyers bribe sellers.
• C) the amount of corruption.
• D) consumer surplus.