The horizontal axis is labeled quantity. The vertical axis is labeled price. The vertical axis ranges from 0 to 50 dollars in increments of 5 dollars. The horizontal axis ranges form 0 to 50 in increments of 6. A rising line labeled S and a falling line labeled D are plotted. Both lines intersect at a point where quantity is 30 and price is 20. Points on the S and D lines for a price of 15 dollars correspond to quantities 24 and 36 respectively.

Consider the supply and demand curves depicted in the diagram above. If the government imposed a price ceiling of $15, then buyers will be intending to buy _________blank, but they will be able to legally buy _________blank.

Multiple Choice

• 36 units; 30 units

• 24 units; more than 24 units

• 30 units; 24 units

• 36 units; 24 units

Price $50 20 15 10 0 24 30 36 Quantity S D + 50