1. Price equilibrium is represented by?2. Market equilibrium is represented by?3. Surplus is represented by?4. Shortage is represented by?5. Equilibrium quantity is represented by?6. If price = 12, Qd is doubled the value is?7. If price = 6, Qs is triples the value is?8. If Qs = 3, price is doubled the value is?9. If Qd = 6, price is doubled the value is?10. A situation wherein Qs > Qd is?11. A situation wherein Qs Qs is?14. A situation wherein Qs

Quizz in International Ruleiness and Trade for Finals. Surname : First name: Section / Time : I Phill Od Qs 157- 3 1 3 6 12 6 12 6 1 15 3 15 3 13 16 E 7 equilibrium quantity answer the following, based on the graph above