Use the figure below to answer the following question. The equilibrium point in the market is the point at which the S and D curves Intersect. bles e Material Price P ources a, Quantity Assuming equilibrium price Pa . producer surplus is represented by areas Oa+c Octd Oatb Oath+c+dN Use the following graph for a competitive market to answer the question below; Price 150 250 Quantity A price ceiling of $10 per unit will result in a surplus of 200 units O shortage of 250 units O surplus of 250 units O shortage of 200 unitsUse the following graph for a competitive market for a product where the government has set a price floor of OC to answer the question below. Price H K Quantity What quantity will the sellers be able to sell after the imposition of the price floor? O OF O CB O DE O OGUse the figure below to answer the following question. The equilibrium point in the market is the point at which the 5 and D curves intersect. Price P D 0 Q1 Quantity Assuming equilibrium price P1, consumer surplus is represented by areas Octd Oath+ctd Oatc Oatb