e the demand schedule below to answer the following questions. Demand Schedule for the Coffee Maker Market Price Quantity Demanded Quantity Supplied $40 80 35 $45 70 40 $50 60 45 $55 50 50 $60 40 55 $65 20 60 $70 10 65 1. Suppose the government places a price floor of $45 on coffee makers. What effect will this have on the market for coffee makers? Why? If there is a surplus or shortage, how large is it? 2. Choose a price that would be a binding price ceiling. If the government sets a price ceiling at that amount, what effect will this have on the market for coffee makers? Why? If there is a surplus or shortage, how large is it