D Question 3 2.5 pts Citizens in a certain country voted in record numbers to support a limit on the price of certain types of pharmaceutical drugs. For example, the law limits the price of insulin to no more than $20 per unit and the price of certain painkillers to $5. However, about a year after the law was passed, there were reports that up to 15% of citizens were unable to get these drugs at all at those prices This situation describes a of these types of drugs which results from this binding price surplus; ceiling O shortage ceiling surplus; floor shortage: floor D Question 4 2.5 pts When demand is perfectly inelastic none of the listed options will likely be true the price elasticity of demand is infinite o producers and sellers don't respond at all to a chance in price the demand curve is vertical this must be a product with many substitutes