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The further questions are: Are consumers made better off by the price ceiling than without it? Briefly explain. A. The consumers who are able to

The further questions are: Are consumers made better off by the price ceiling than without it? Briefly explain. A. The consumers who are able to buy gasoline are better off because they pay a lower price. B. The consumers who would like to buy gasoline but are unable to are worse off. C. All consumers are better off because the price of gasoline is less than the equilibrium. D. All consumers are worse off because there is a shortage of gasoline. E. Both A and B Are consumers made better off by the black market price than without it? Briefly explain. A. The consumers who are able to buy gasoline are worse off because they pay a higher price. B. The consumers who would like to buy gasoline but are unable to are worse off. C. The consumers who are able to buy gasoline are better off because they pay a lower price. D. All consumers are better off because the price of gasoline is less than the equilibrium. E. Both A and B

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