Answer the following

Consider the world market for a particular quality of coffee beans. The following table shows the demand and supply schedules for this market. Price Quantity Demanded Quantity Supplied (per kilogram) (millions of kg per year) (millions of kg per year) $2.00 28 10 $2.40 26 12 $3.10 22 13.5 $3.50 19.5 19.5 $3.90 17 22 $4.30 14.5 23.5 At a price of $3.10 there is excess E of :] million kilograms