Use Paolo's supply schedule and Kenji's demand schedule to find the quantity supplied and quantity demanded at prices of $2, $6, and $9. Enter these values in the following table. Price Quantity Demanded Quantity Supplied 2 |:| |:| 6 |:| |:| 9 |:] |:] A price of 7 brings supply and demand into equilibrium. At the equilibrium price, consumer surplus is , producer surplus is , and total surplus is . If Paolo produced and Kenji consumed one less bottle of water, total surplus would 7 . If instead, Paolo produced and Kenji consumed one additional bottle of water, total surplus would 7 . Suppose Paolo is the only seller in the market for bottled water and Kenji is the only buyer. The following lists show the value Kenji places on a bottle of water and the cost Paolo incurs to produce each bottle of water: Kenji's Value Paolo's Costs Value of first bottle: $10 Cost of first bottle: $1 Value of second bottle: $7 Cost of second bottle: $3 Value of third bottle: $3 Cost of third bottle: $7 Value of fourth bottle: $1 Cost of fourth bottle: $10 The following table shows their respective supply and demand schedules: Price Quantity Demanded Quantity Supplied $1 or less 4 0 $1 to $3 W $3 to $7 2 2 $7 to $10 W More than $10 O 4