4) The monthly demand and supply for a product are given by P=2Q+100 and P=3Q-30 where price is in dollars per unit and quantity is in thousands of units 5) Table below shows information on the daily demand and sun 1 for hot do_s at a s uortin_ event: Surplus or Price, $ Quantity demanded Quantity supplied Shortage, how large? 2.10 800 1200 1.80 1,600 4,800 1.60 2,400 2,400 1.40 3,200 800 1.20 4,100 200 a. At each given price identify would a shortage or surplus exist? If so, how large would the shortage or surplus be