A student makes the following argument: "A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive market equilibrium. A price ceiling, on the other hand, increases the amount of the product that consumers buy because it keeps the price below the competitive market equilibrium." Supply Do you agree with the student's reasoning? To address this, first, add a binding price floor and a binding price ceiling. 1.) Use the line drawing tool to draw the price floor. Properly label this line. Price 2.) Use the line drawing tool to draw the price ceiling. Properly label this line. Carefully follow the instructions above, and only draw the required objects. Demand ............." Q1 Quantity