Question: Please help with this practice question. In a small town in France, the demand curve for wine is given by PD =124 - ZQD and

Please help with this practice question.

In a small town in France, the demand curve for wine is given by PD =124 - ZQD and the supply curve for wine is given by P5 = 4 + ZQS. Suppose a price ceiling is imposed on wine at a price of $50. This will cause a (shortage/surplus) of bottles of wine

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