Question: Please help with this practice question. This is the full question. Suppose that the demand for corn is given by PD = 11 0.4QD and

Please help with this practice question. This is the full question.

Suppose that the demand for corn is given by PD = 11 0.4QD and the supply is given by PS = 4 + 0.2Qs. A price ceiling is imposed on the price of corn at $5. This will cause a O surplus of 15 units 0 surplus of 10 units 0 shortage of15 units 0 shortage of10 units 0 no shortage or surplus because the price ceiling is set above the equilibrium price

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