a government decides to set a price ceiling on bread of $2.40 so that bread is affordable to the poor. the conditions of demand and supply are given in the table below. what will be the price and quantity of bread purchased? price qd qs $1.60 9,000 5,000 $2.00 8,500 5,500 $2.40 8,000 6,400 $2.80 7,500 7,500 $3.20 7,000 9,000 $3.60 6,500 11,000 $4.00 6,000 15,000 responses $2.40; 6,400 $2.40; 6,400 $3.20; 1,000 $3.20; 1,000 $2.40; 8,000 $2.40; 8,000 $2.00; 7,000
