Answer:
B. Below the equilibrium price
Explanation:Price ceiling is the legal price,impose by The Government or Regulatory agencies above which a product should not be sold. It is also a price control mechanism through which the Government and other Regulatory agencies check the excesses of producers and the middle men(Whole sellers and retailers). The price ceiling has to be fixed below the equilibrium price for it to be binding, because businesses are interested mainly for profit maximization.
Answer:
sorry don't know wish I could help you with the question
I believe c. I hope it helps :)
