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Supply & Demand Schedule Amount of Quantity Quantity Price Surplus/ Demanded Supplied Shortage 30 $ 59 63 36 $ 51 58 42 $ 43 53

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Supply & Demand Schedule Amount of Quantity Quantity Price Surplus/ Demanded Supplied Shortage 30 $ 59 63 36 $ 51 58 42 $ 43 53 48 $ 35 48 54 $ 27 43 Problem 1 a: Calculate the amount of the surplus/shortage at each price in the above schedule. Write the word shortage or surplus (rather than a + or - sign) AND the amount of the surplus/shortage in each answer box in the table

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