Question: e. At the equilibrium price, is there a surplus or shortage and how much is it. f. At price AED 2, answer the following: 1.

e. At the equilibrium price, is there a surplus or shortage and how much is it. f. At price AED 2, answer the following: 1. Is there a surplus or shortage 2. From question 1 above, how much is this surplus or shortage? 3. In this case, will the price increase or decrease

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