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Please see the below question: The supply curve in a market is given by P = 11 + 1.5(Q), while the demand curve is P

Please see the below question:

The supply curve in a market is given by P = 11 + 1.5(Q), while the demand curve is P = 47 - 2.0(Q). 50 40 30 20 10 D 10 20 A price of_ _ will cause a of the amount O A. $30.69 ; surplus ; 7.20 O B. $26.61 ; surplus ; 7.20 O C. $20.37 ; shortage; 7.20 O D. $26.61 ; shortage ; 4.70 O E. $26.61 ; surplus ; 4.70 > A Click Submit to complete this assessment

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