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Question 36 (1 point) Price ceilings are often justified as a means of helping consumers. Consider an economy where a price ceiling is introduced that

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Question 36 (1 point) Price ceilings are often justified as a means of helping consumers. Consider an economy where a price ceiling is introduced that causes the price to drop. How does this help consumers? Overall producer surplus decreases. There is no transfer of surplus to government revenue or quota rents. Consumer surplus increases for all consumers who were in this market due to a lower price. There is an increase in consumer surplus for consumers who are able to purchase the product after the price ceiling

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