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2) Use the following graph to answer question 2. $14 12 10. Price 86 8 4 2 Demand 10 20 30 40 50 60

 

2) Use the following graph to answer question 2. $14 12 10. Price 86 8 4 2 Demand 10 20 30 40 50 60 Quantity demanded (Qd) and Quantity supplied (Qs) 0 Supply Equilibrium Price Equilibrium Quantity At each price listed, indicate a surplus or shortage and the amount: $2 $4 $10 F

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