II 65 SS - - 35 - 15 2 4 1 12- 4 17 20 Q 20 40 60 61 70 7 60 85 110 Q PART II ( USE DICENAn 17) 1. Equilibrium price = and equilibrium quantity = 2. At a price of $35, quantity demanded = quantity supplied the surplus = and the shortage = 3. If a price floor of $65 were imposed, the quantity demanded =_ the quantity supplied = , the surplus = and the shortage = 4. If a price floor of $35 were imposed, the quantity demanded = the quantity supplied = the surplus = and the shortage= 5. If a price ceiling of $25 were imposed, the quantity demanded = , the quantity supplied = the surplus = and the shortage = 6. If a price floor of $80 were imposed, the quantity demanded = the quantity supplied = the surplus = and the shortage= 7. If a price ceiling of $15 were imposed, the quantity demanded = the quantity supplied = the surplus = and the shortage = NAME DATE