Chapter: 2 According to the figure, if the Association of University Economics Professors imposed a price floor of $30 per hour, the quantity demanded and quantity supplied of university professors are: a. 34 and 85, respectively b. BB and 34, respectively c. 52 and 52, respectively d. 70 and 16, respectively which of the lollowing is NOT an element of the market supply curve for books? a. The price of books b. The price of labor c. The price of paper cl. The price of capital equipment e. The price of a notebook