Price Quantity Demanded QuantitySupplied $20 2400 $30 2000 $40 1600 も 0 200 400 $50 1200 600 $60 800 800 $70 400 1000 $80 0 1200 Refer to the table above Which of the following price ceilings would be binding in this market? a. $80 b. $70 c. $60 d. $50

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