The graph below depicts the market for oranges at a local farmers' market.

Market for Oranges

Instructions:Enter your answers as a whole number.

a. Ifa producer tries to sell oranges at a price of $0.90 per pound, what will be the quantity demanded and quantity supplied at this price?

Q_d= ( ) pounds of oranges

Q_s= ( ) pounds of oranges

b. Determine whether there is a surplus or a shortage at a price of $0.90 per pound, and determine the size of the surplus or shortage.

At this price, there will be a (surplus/shortage) of ( ) pounds of oranges.