Table: Supply and Demand Price Quantity Demanded Quantity Supplied $10 2,0001,200 $12 1,9001,300 $14 1,800 1,400 $ 16 1,700 1,500 $18 1,600 1,600 $20 1,500 1.700 If the price in the free market were $10, then a: surplus of 800 units would exist, and the price would fall. surplus of 800 units would exist, and the price would rise. shortage of 800 units would exist, and the price would rise. shortage of 800 units would exist , and the price would fall