Question 3 1.25 pts Mm; a clause (lbs) Refer to the diagram above. The total producer surplus in the market for cheese is $ ______ . Please input only the numerical value without the $ sign. if your answer is $20, please input 20 for your answer. Question 8 1.25 pts S 2.50 Price 2.00 1.50 D 0 10 14 20 Quantity In a market with supply and demand curves as shown above, a price floor of $1.50 will result in: A surplus of 10 units A shortage of 10 units O No shortage or surplus O A black market price greater than $2.50