Please Answer Correctly

1.) The supply and demand equations are Q = 2 + 2P and Q = 10 - P, respectively. The quantity equilibrium of this market condition is*5 points

8.33 units

7.33 units

6.33 units

None of the above

2.) The supply and demand equations are Q = 2 + 2P and Q = 10 - P respectively. The selling price that results in the shortage of 2 units is*

3.33

2.33

P1.33

P2

P1

P3

3.) The supply and demand equations are Q = 2 + 2P and Q = 10 -P respectively. The selling price that results in the surplus of 5 units is*

4.33

3.33

2.33

None of the above