Suppose the equilibrium price of a given good is $14, and the government imposes a price ceiling at $11. Which of the following is the most likely result?
Group of answer choices
Another rationing device will be used to distribute the good among buyers.
This will cause a shortage, so some buyers and sellers will risk breaking the law in order to exchange the good at a prohibited price.
Some buyers will be worse off with the lower price because they may not be able to obtain the good.
All of the above