The table below shows the market supply and demand schedules for barrels of oil. Price Per Barrel Quantity Demanded Quantity Supplied $25 525 150 $50 450 200 $75 375 250 $100 300 300 $125 225 350 $150 150 400 If the government set a price ceiling of $125 per barrel for oil, what would happen in the market for gasoline? Question 60 options: A) Nothing, this is not a binding price ceiling. B) There would be excess demand of 75 barrels. C) Supply will increase. D) There would be excess supply of 75 barrels