Bb Lesson 5.1 Homework - X Bb Take Test: Lesson 5.1 H X Price ceilings and price x Q CHAPTER 6 Flashcards x G effective price floor - G g.illinois.edu/webapps/assessment/take/launch.jsp?course_assessment_id=_163655_1&course_id=_52245_1&new... SR TO AS Question Completion Status: QUESTION 1 1 points Save There are 50 buyers and 50 sellers currently at an auction, all of whom are looking to buy or sell 1 hat, respectively. The auctioneer announces a rule on what range of prices is allowed, and this rule causes 20 additional buyers to show up, and causes 30 sellers to leave. This rule was most likely an effective price ceiling. O ineffective price ceiling. effective price floor. ineffective price floor. QUESTION 2 1 points Sa Market for Good X P S Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save