What is the prevailing price and quantity of a price ceiling is set at $4?

lon Assignment Week 2 1 Saved Price ($) Price Floor Price Ceiling 8 Price Ceiling 7 61 P. 5 0 P 4.00 Price Ceiling Price 5 10 15 20 35 40 45 Price Adjustment Quantity Instructions: Under settings, click "Price Celling" to select it. When it is selected, it will be highlighted in dark blue. a. What is the equilibrium price and quantity in the absence of a price celling? 5 Q = 25 units b. What is the prevailing price and quantity If a price celling is set at $4 00? units c. Is the price celling at $4.00 effective (binding)? Yes d. What is the prevailing price and quantity If the price celling is set at $6.00? =$0- units e. Is the price celling at $6.00 effective (binding)? (Click to select)