Q6.35 Homework . Unanswered A market for automobiles has an equilibrium price of $23,000. There is also currently a price floor of $20,000. An increase in the price floor from $20,000 to $25,000 will do what to the quantity sold in the market and to the price of automobiles? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a The price of automobiles will not change, and less will be sold. b The price of automobiles will not change, nor will the quantity sold. C The price of automobiles will increase and less will be sold. d The new price floor is not effective as it is above the equilibrium price. Unanswered . 2 attempts left Submit Fulls A