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Refer to Table 6-2. Which of the following statements is correct? 3. A price ceiling set at $5 will be binding and will result in

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Refer to Table 6-2. Which of the following statements is correct? 3. A price ceiling set at $5 will be binding and will result in a shortage of 50 units. b. A price ceiling set at $5 will be binding and will result in a shortage of 75 units. . A price ceiling set at $5 will be binding and will result in a shortage of 125 units. d. A price ceiling set at $5 will not be binding

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