Price	Quantity Demanded	Quantity Supplied
$28	320	380
$26	340	370
$24	360	360
$22	380	350
$20	400	340

Use the table of information. Which of the following statements is (are) correct?

(x) If the government set a price ceiling of $28, the market would not be affected because the ceiling would be non-binding but a price floor of $28 would cause a surplus of 60 units in this market.

(y) A price ceiling of $24 is non-binding because it would not have any effect on the market since quantity demanded equals quantity supplied at that price.

(z) Suppose government set a price ceiling of $24. If demand increased in this market, the nonbinding price ceiling would become binding and the market would find a method other than price to ration the good to buyers.