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[11, Call auction. Suppose there is a call auction market where the following orders are submitted to a central auctioneer: Limit orders to buy: 100

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[11, Call auction. Suppose there is a call auction market where the following orders are submitted to a central auctioneer: Limit orders to buy: 100 shares at 53.00, 200 shares at 54.00, 200 shares at $3.50, and 500 shares at $2.50. -Limit orders to sell: 5CD shares at $5.00, 600 shares at 53.430, and 500 shares at $4.00. -Market orders to buy: a total of 500 shares. Market orders to sell: a total of 200 shares. [1} Graph total market demand and supply.r curves in {price, quantity} in which prices are in the vertical axis and quantities in the horizontal axis. (2} What is the market clearing price? What quantity of stock is traded? Are all orders that are executable at the market ciea ring price fullyI lled

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