1. Price ceiling TI'Iril] prevent the market equilibrium a. it it is set blw die equilibrium Results in a surplus If itis set aheve die equilibrium price Causes quantity demanded te exceed quanlitjr supplied Beth a and :1 Beth h and c. rhea-ea E. hasty-ear. Fatima heught 4 pairs ei' shees 1when her inceIne was AED 3 Ill. DUI}. This year. her inceme is AED Sl and she purchased l' pairs ef shpes. l-Ielding eier facters censtant, it feliews thatgpcha a. madmshpes te- he a necessity h. mailers she-es to he an inferier geed c. Wshees to he a linturieus geed d. hsa law price ElStiEile' ef demand fer shees 3. MLFaisa] likes apple very much and suddenlythe price ef apple increased and he had to reduce the cenqunptien ef it. Suddenly his incenle has increased and he aise increased the cenqunptien ef apple. Which ef the fellewings are true a. Apple has demwaid sleping demand cur-re h. Apple is nernlal gee-d c. Apple is inferier gee-d d. Apple is gjen gee-d Ar. Tara has AED l te spend. and she can hep shoes and twshirts. The price efa pair ef she-es is AED 5D,. and the price efa t-shirt is AED Ell]. Drawie hudget line. What happens if prices and Tara's inceme grew by 20%? 5. Msper unit, Acmhuys +0 units ef pen. When price fell te 2 EDIE per unit ef' pen he started hup'ing ll' units ef pen. l-Iew much censunler quplus he gained due to this change. Pric !-'.. E WED Pen