The graph below depicts the market for oranges at a local farmers' market. 2 Market for Oranges Price (dollars) 5 $1.00 points S $0.90 $0.80 SO.70 eBook $0.60 SO.50 References SO.40 $0.30 $0.20 $0.10 20 40 60 80 100 120 140 160 180 200 Quantity (pounds) Instructions: Enter your answers as a whole number. a. If a producer tries to sell oranges at a price of $0.60 per pound, what will be the quantity demanded and quantity supplied at this price? Qd - pounds of oranges "I pounds of oranges b. Determine whether there is a surplus or a shortage at a price of $0.60 per pound, and determine the size of the surplus or shortage At this price, there will be a [(Click to select) | of pounds of oranges