3 poin QUESTION 15 A competitive market will: Achieve an equilbrium price Produce shortages Produce surpluses Create disorder. 3 points QUESTION 16 A headline reads, "Storms destroy half of the lettuce crop." This situation would lead to atn): increase in the price of lettuce and quantity purchased Decrease in the price of lettuce and quantity purchased Increase in the price of lettuce and decrease in quantity purchased Decrease in the price of lettuce and increase in quantity purchased 3 points QUESTION 17 The amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it, is called a: Producer Surplus Save All Answers Click Save and Submit to save and submit.Click Save All Answers to save all answers