Assume that over the past 2 years, there has been a significant increase in chronic diseases associated with weight gain and inactivity. Suppose the government wants to encourage people to exercise at home, so it imposes a binding price ceiling on the market for in-home workout equipment. Consequently,
a. a shortage of workout equipment will develop.
b. the supply of workout equipment will decrease.
c. a surplus of workout equipment will develop.
d. the demand for workout equipment will increase.