2. identify the market equilibrium: Quantity Supplied _ Quantity Demanded __ Equilibrium price Equilibrium quantity 3. In the previous question, why would a seller not wish to charge a price of $140? 4. Markets use prices to ration goods and services. State one example of a different way to ration goods and services. Explain why your answer might be less efcient than using prices. 5. The price of college tuition has risen faster than both wages and average prices over the past 30 years. Yet more students are attending college. is this a violation of the law of demand? Why or why not? (Continued)