Question: answer asap This question asks you to analyse the effect of a price ceiling. Refer to the graph and answer the following questions. Please clearly

answer asap

This question asks you to analyse the effect of a price ceiling. Refer to the graph and answer the following questions. Please clearly label which part of the question (a, b, c, or d) you are answering. P S P4 A B D E F price ceiling G H I D Q, Q 2 Q a. What is the market price? (Indicate P1, P2, P3 or P4) b. What is the quantity sold? (Indicate 0, Q1, Q2 or Q3) C. What area represents consumer surplus?" d. Is there a shortage or surplus in this market? Justify your

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