Colby, a coworker of yours, is a high-maintenance person. A caution you might take is to guard against him becoming too dependent on you.

Suppose a market is in equilibrium.If a price ceiling is set by the government below the equilibrium price,which of the following is most likely to happen?

A) A decline in quantity demanded
B) A surplus
C) A​ shortage
D) An increase in the quantity being sold
E) A new equilibrium