Question: Question 5 - This question has 1 part red (10 marks) Consumers of breakfast cereal persuade the government to impose a binding price ceiling of

Question 5 - This question has 1 part red (10 marks) Consumers of breakfast cereal persuade the government to impose a binding price ceiling of $2 per box of cereal. As a result of this policy, do more stion or fewer people buy and eat breakfast cereal? Explain who are the winners and losers. (10 marks) AAY B

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