The diagram illustrates the demand and supply curves for a good. The government imposes a maximum price of OJ for the good. What effect will this have on the consumers and producers of the good?
- AAll consumers will gain. Producers will lose.
- BAll consumers will gain. Producers will gain.
- CSome consumers will gain and some will lose. Producers will gain.
- DSome consumers will gain and some will lose. Producers will lose.