Given the following information about milk, answer the questions below: Price Quantity Supplied Quantity Demanded .50 1000 7000 .75 2000 6000 1.00 3000 5000 1.25 4000 4000 1.50 5000 3000 1.75 6000 2000 f Congress sets a price ceiling of $1.75 and a price floor of $1.50 What would be the price under competitive, market (non-regulated) conditions? Question 1Answer A. 1.75 B. 1.50 C. 1.25 D. Can't be determined