The following table shows the demand and supply of bottles of premium olive oil for Country ABC. Price ($) 1 2 3 4 5 6 7 Quantity Demanded 18 16 14 12 10 8 6 Quantity Supplied 3 6 9 12 15 15 21 21 a) What are values of equilibrium price and quantity? b) Suppose the price of premium olive oil is $6 per bottle, would there be a shortage or surplus? How much? Price ($) 1 2 3 4 5 6 7 Quantity Demanded 18 16 14 12 10 8 6 Quantity Supplied 3 6 9 12 15 15 21 a) What are values of equilibrium price and quantity? b) Suppose the price of premium olive oil is $6 per bottle, would there be a shortage or surplus? How much