# Figure 1: Price/Gallon The Market for Gasoline $17$16 $15$14 $13$12 $11$10 $9$8 $7$6 $5$4 $3$2 $1 0 1 5 6 7 8 Gallons en O Question In Figure 1, suppose the marginal value for gasoline falls by$6 for every quantity demanded for all gas stations in the market. After the changes, assume that the government enacts a price ceiling of \$2. What will happen in the market?

A) Quantity supplied will equal quantity demanded.
B) There will be a surplus of 1 gallon.
C) There will be a shortage of 3 gallons.
D) There will be a surplus of 2 gallons.
E) There will be a shortage of 4 gallons.