4. If a binding price ceiling is imposed in a market, then the price ceiling is
(A) above the equilibrium price, and there will be a surplus in the market.
(B) below the equilibrium price, and there will be a surplus in the market.
(C) above the equilibrium price, and there will be a shortage in the market.
(D) below the equilibrium price, and there will be a shortage in the market.
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