Question: Question 1 (1 point) When will a price ceiling be binding? 0 only if it is set equal to equilibrium price 0 only if it

Question 1 (1 point) When will a price ceiling be binding?

Question 1 (1 point) When will a price ceiling be binding? 0 only if it is set equal to equilibrium price 0 only if it is set above equilibrium price 0 only if it is set below equilibrium price 0 only if it is set near to the equilibrium price

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