Question: can you please try to answer by 11:50 its an emergency. I am struggling in the price of contee decreases the quantity or te demande


can you please try to answer by 11:50 its an emergency. I am struggling
in the price of contee decreases the quantity or te demande Price Quantity Quantity (dollars per demanded supplied pound of cat (tons of cat (tons of cat food food per year food per year) 1.00 15 1.50 26 2.00 2.50 40 30 3.00 35 52 46 43 B) The above table gives the demand and uply schedules for cat food. If the price is $3.00 per pound of cat fnod, will there be a shortage, a surplus, or is this price the equilibrium price? If there is a shortage, how much is the shortage? If there is a surplus, how much is the surplus? If $3.00 is the equilibrium price, what is the equilibrium quantity? 9) The above table gives the demand and supply schedules for cat food. If the price is per pound of cat food, will there be a shortage, a surplus, or is this price the equilib 9) The above table gives the demand and supply schedules for cat tood. If the price is per pound of cat food, will there be a shortage, a surplus, or is this price the equilibrium price? If there is a shortage, how much is the shortage? If there is a surplus how much the surplus? If $3.00 is the equilibrium price, what is the equilibrium quantity? 10) The above table gives the demand and supply schedules for cat food. What is the equilibrium price and quantityStep by Step Solution
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