A market as described by the following supply and demand curves: Qs=2P Qd=300-P The equilibrium price is _____and the equilibrium quantity is____. Suppose the government imposes a price ceiling of $90. This price ceiling is _____, and the market price will be _____. The quantity supplied will be _____, and the quantity demanded will be _____. Therefore a price ceiling of $90 will result in _____.(surplus, shortage or neither) Suppose the government imposes A price floor of $90. This price floor is _____, and the market price will be _____. The quantity supplied will be _____ and the quantity demanded will be _____. Therefore a price floor of $90 will result in _____.(shortage, surplus, or neither)