a) ana a). Question 8 (1 point) Saved If a price ceiling creates a shortage, then the shortage will be the smallest when both supply and demand are highly elastic. supply is highly elastic and demand is highly inelastic. supply is highly inelastic and demand is highly elastic. both supply and demand are highly inelastic. None of the above. Question 9 (1 point) Saved Suppose a firm has the following production schedule. labour hours output O O W || Examity Proctoring is sharing your screen. Stop sharing Hide