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Points 100 Submitting an external tool Available Oct 16 at 12am - Oct 19 at 11:59pm 42:58 47/50 FEEDBACK Content attribution QUESTION 47 . 1 POINT Assume a market is currently at the equilibrium price and quantity, and a price ceiling is set below equilibrium price. Which of the following statements is true: Select the correct answer below: The quantity demanded will rise and the quantity supplied will fall, causing a shortage. There is nothing causing the price to fall from the equilibrium level. There is nothing preventing the price from rising to its equilibrium level. The quantity supplied will rise and the quantity demanded will fall, causing a surplus. FEEDBACK Content attribution O 73OF (DELL