1. Assume we're in the market for N95 protective masks. The table below gives supply and demand information. A. Graph the supply and demand curves, and label the equilibrium price and quantity. B. Assume that the government enforces anti-price gouging laws, and sets a price ceiling at $0.50 per mask. Describe the result and depict it on the graph. Price per mask |Quantity of Masks Quantity of Meals Supplied (millions Demanded (millions) $1.50 20 8 $1.25 16 10 $1.00 12 12 $0.75 8 14 $0.50 4 16 $0.25 0 18 1.5