Consider the following market showing the demand and supply of Amazon Alexa speaker devices.

a)State the market equilibrium. (Approximate numbers read off the chart are ok.)(1mark)

b)If a market price of $140 was imposed on this market, state the type of market disequilibrium that would occur and calculate its size.(2 marks)

c)Briefly explain how the market would adjust back to equilibrium if the market control in part b) was removed.(2 marks)