The table below shows the market for fuji apples in the country of Westchester. Price per kilo Quantity Demanded Quantity Supplied $1.00 600 200 1.50 550 250 2.00 500 300 2.50 450 350 3.00 400 400 3.50 350 450 4.00 300 500 a) What is the equilibrium values of price and quantity? Suppose that the government imposes a price floor which is $0.50 different form the present equilibrium price. b) What is the resulting shortage/surplus? Suppose, instead that the government imposes a price ceiling that is $1 different from the present equilibrium price. c) What would be the resulting shortage/surplus