The following table depicts the demand and supply for motel rooms at Kentucky Lake.You must determine first whether column A is demand or supply and do the same for column B.

Column APriceColumn B1650$7512001600$8513001550$9514001500$10515001450$11516001400$12517001350$13518001300$14519001250$15520001200$1652100

If the price is $125 per room

Group of answer choices

the market is in equilibrium.

there will be a shortage equal to 300 rooms.

there will be a surplus equal to 300 rooms.

there will be a shortage equal to 200 rooms.

none of the above is true.