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ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%25 rket Equil. and Policy Saved The market for packs of AA batteries during a typical week in Tulsa, Oklahoma is described in the table below. Market for AA Batteries in a Typical Week Quantity of Quantity of Batteries Batteries Price Demanded Supplied dollars) (packs) (packs) $20 0 150 10 130 16 110 14 90 12 70 10 50 60 30 70 10 Instructions: Enter your answers as a whole number. a. During a typical week in Tulsa, Oklahoma, what are the initial equilibrium price and quantity in the market for packs of AA batteries? P= $ Q = packs In weeks when tornadoes threaten Tulsa, Oklahoma, the demand for packs of AA batteries increases as shown in the table below. Market for AA Batteries in a Week with a Tornado Threat New Quantity Now Quantity of Batteries of Batteries Price Demanded Supplied dollars) (packs) (packs) $24 0 180 22 10 160 20 20 140 18 30 120 40 100 80 60 60 70 40 20 90 b. What are the equilibrium price and quantity of AA batteries in a week with a tornado threat? P= $ Q = packs Suppose that city leaders want to prevent the price of AA batteries from rising when tornadoes threaten Tulsa, Oklahoma. They impose a price ceiling of $10 for packages of AA batteries. c. This price ceiling of $10 per pack (Click to select) | the AA battery market during a typical week. d. What are the quantity demanded and quantity supplied with the price ceiling in effect during the weeks when tornadoes threaten Tulsa? Qd= packs Qs=[ packs e. As a result of the price ceiling: O quantity supplied exceeds quantity demanded by 40 packs of AA batteries in a week when tornadoes threaten Tulsa, Oklahoma. quantity supplied exceeds quantity demanded by 30 packs of AA batteries in a week when tornadoes threaten Tulsa, Oklahoma. quantity supplied equals quantity demanded for packs of AA batteries in a week when tornadoes threaten Tulsa, Oklahoma. quantity demanded exceeds quantity supplied by 30 packs of AA batteries in a week when tornadoes threaten Tulsa, Oklahoma.