39. The above table gives the demand and supply schedules for Blu-ray discs. If the price of a Blu-ray disc is $8, there is a and the price of a compact disc will O surplus; rise O shortage; rise O shortage; fall O surplus; fall Price (dollars per disc) 4 Price (dollars per disc) Quantity demanded Quantity supplied 36,000 4 4,000 32,000 28,000 24,000 8 8,000 12 12 12,000 16 16 16,000 20 20,000 16,000 12,000 8,000 4,000 20 20,000 24,000 28,000 32,000 36,000 24 24 28 32 28 32 36 36