The table shows information on the conditions of demand and supply for designer purposes, where the quantity of designer purses is meaqsured in thousands. See picture below

The table shows information on the conditions of demand Quantity demanded Quantity supplied and supply for designer purses, where the quantity of Price (thousands) (thousands) designer purses is measured in thousands. $300 470 400 $500 430 430 Place the prices into the correct category. $700 380 500 $900 300 630 Equilibrium Excess supply Excess demand or surplus or shortage EDD Answer Bank $500 $300 $900 $700