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1. Equilibrium price and equilibrium quantity = 2. At a price of $10, quantity demanded = the surplus , and the shortage = , quantity

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1. Equilibrium price and equilibrium quantity = 2. At a price of $10, quantity demanded = the surplus , and the shortage = , quantity supplied 3. If a price ceiling of $5 were imposed, the quantity demanded = shortage = the quantity supplied = , the surplus = , and the 4. If a price floor of $12 were imposed, the quantity demanded = the quantity supplied = the shortage= the surplus = and 5. If a price ceiling of $9 were imposed, the quantity demanded shortage = the quantity supplied = _ the surplus = . , and the 6. If a price ceiling of $2 were imposed, the quantity demanded = the quantity supplied = , the surplus = the shortage= and 7. If a price floor of $.5 were imposed, the quantity demanded = the quantity supplied = the surplus = and the

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