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Mr. Kent, Shortage of 50Mrs. Becker, Surplus of 50Mrs. Eaton, Price Floor- SurplusMrs. Maxwell, Price Ceiling- ShortageMr. Vincent, Surplus of 45Mr. Getner, Shortage of 95

Mr. Kent, Shortage of 50Mrs. Becker, Surplus of 50Mrs. Eaton, Price Floor- SurplusMrs. Maxwell, Price Ceiling- ShortageMr. Vincent, Surplus of 45Mr. Getner, Shortage of 95

3. At $1 per honey bun, identify whether this market is experiencing a surplus or a shortage and identify the specific amount. (Use graph below) P Honey Buns S $5 $1 D 200 245 295

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