A binding price ceiling is a mandated _. (1 point) minimum price above the market equilibrium price 9 minimum price below the market equilibrium price maximum price below the market equilibrium price GD maximum price above the market equilibrium price Governments often set price floors in an effort to protect . (1 point) Q consumers from high market prices 0 producers from low market prices 0 producers from high market prices 0 consumers from low market prices Governments often implement price ceilings to protect consumers from the high prices of essential goods and services that frequently follow natural disasters. One unfortunate side effect of these price ceilings is that they will likely . (1 point) 0 lead to a shortage as prices are kept from falling to their equilibrium levei Q lead to a surplus as prices are kept from rising to their equilibrium level 0 lead to a surplus as prices are kept from falling to their equilibrium level 0 lead to a shortage as prices are kept from rising to their equilibrium ievel Use the table to answer the question. Quantity Demanded Quantity Supplied Price is) (thousands) (thousands) O a Price cei'ing 0\" $2: 000 ' 1,000 600 300 O a price ceiling of $1, 000 m 1.500 4 50 500 O a price floor of $1, 000 j 2,000 400 700 g-..-\"_o . . O a price floor of $2,000 2,500 300 900 The table gives the supply and demand schedules In a market for apartments. A government price control is implemented that results in a shortage of 300,000 apartments. Which price control must have been used