A government sets a ceiling price for a product so that more of it is consumed. What is the most likely result of this policy?
- AConsumption will fall if the maximum price is above the current equilibrium price.
- BConsumption will rise if the maximum price is below the current equilibrium price.
- CProduction will fall if the maximum price is above the current equilibrium price.
- DProduction will fall if the maximum price is below the current equilibrium price.