A government sets a ceiling price for medical face masks that is lower than the market equilibrium price. What is the most likely result of this?
- ASome consumers will be unable to buy face masks at the maximum price.
- BFirms will produce more masks to meet the excess demand at the maximum price.
- CPoorer consumers will be able to obtain all the masks they need at the maximum price.
- DThe market will clear at the maximum price.