QUESTION 4 Do all buyers benefit from a binding price ceiling? a. Yes. A binding price ceiling benefits all buyers because it allows them to obtain the good in the legal market. b. No. A binding price ceiling benefits no buyers because they are unwilling to buy any of the products at a price higher than the equilibrium. c. No. A binding price ceiling benefits only some buyers because not all are able to obtain the good in the legal market d. No. A binding price ceiling benefits no buyers because sellers are unwilling to sell any of their products. e. No. A binding price ceiling benefits only some buyers because, although the price is initially lower, it eventually increases to the equilibrium price OO O OO

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