If the players in the figure shown act in their own self-interest, then we know that Adidas will earn:

When a surplus exists in a market, sellers

a. raise price, which increases quantity demanded and decreases quantity supplied, until the surplus is eliminated. b. raise price, which decreases quantity demanded and increases quantity supplied, until the surplus is eliminated. c. lower price, which increases quantity demanded and decreases quantity supplied, until the surplus is eliminated. d. lower price, which decreases quantity demanded and increases quantity supplied, until the surplus is eliminated.

Because a price ceiling causes:

A. a shortage, some form of rationing must occur. B. a surplus, some form of rationing must occur. C. a shortage, the outcome will be efficient. D. a surplus, the outcome will be inefficient.