Question Completion Status: Moving to another question will save this response. > Question 24 4 points Save Answer Suppose we are in a market with a perfectly inelastic demand curve. The government imposes a binding price floor. What happens to price and quantity in this market? Price increases, the quantity purchased decreases. Price decreases, the quantity purchased remains the same. Price decreases, the quantity purchased decreases. Price increases, the quantity purchased remains same. AMoving to another question will