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Graph Input Tool 6) Market for Teapots 1m Pce I (Dollars par teapot} Quanti Quantityr Supplied Deman ed 300 {Teapots} 125 (T 59013} 88388888 PRICE

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Graph Input Tool 6) Market for Teapots 1m Pce I (Dollars par teapot} Quanti Quantityr Supplied Deman ed 300 {Teapots} 125 (T 59013} 88388888 PRICE (Dollars per teapot) D 501001502002503130350400450500 QUANTITY Ueapols] The equilibrium price in this market is per teapot, and the equilibrium quantityr is |:l teapots bought and sold per month. Complete the following table by indicating at each price whether there is a shortage or surplus in the market, the amount of that shortage or surplus, and whether this places upward or downward pressure on prices. Price Shortage or Surplus Amount (Dollars per teapot) Shorlage or Surplus (Teapob) Pressure 40 v \\:| v 50 v \\:| v

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