The graphs here show the supply of and demand for assistant professors in history (left) and in engineering (right) for a hypothetical university. Use the graphs to help you answer the following questions.

Market for Assistant History Professors

0714212835424956637080726456484032241680SALARY (Thousands of dollars)QUANTITY (Assistant history professors)DemandSupply

Market for Assistant Engineering Professors

048121620242832364012010896847260483624120SALARY (Thousands of dollars)QUANTITY (Assistant engineering professors)DemandSupply

The equilibrium wage of an assistant professor in history is

, and the equilibrium quantity is

assistant professors in history. On the other hand, the equilibrium wage of an assistant professor in engineering is

, and the equilibrium quantity is

assistant professors in engineering.

Suppose the university sets the same wage for all assistant professors in each department. Fill in the following table with the quantity demanded and supplied for each type of assistant professor when the university sets the wage to $48,000 and $72,000, respectively.

University Wage	Assistant History Professors	Assistant Engineering Professors
(Dollars)	Quantity Demanded	Quantity Supplied	Shortage or Surplus	Quantity Demanded	Quantity Supplied	Shortage or Surplus
48,000
72,000

In summary, if the university sets a wage of $48,000 for all assistant professors in every department, which is equivalent to a price ceiling for engineering professors, there will be

assistant engineering professors hired by the university than there would be if the university paid assistant engineering professors their equilibrium wage. Similarly, if the university sets a wage of $72,000 for all assistant professors in every department, which is equivalent to a price floor for history professors, there will be

assistant history professors hired by the university than there would be if the university paid assistant history professors their equilibrium wage.