Refer to the table below a What is the equilibrium price in this market? $ 4 per bushel At what price is there neither a shortage nor a surplus? $1 4 per bushel Fill in the surplus-shortage column and use it to confirm your answers Instructions: Enter your answers as a whole number. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers Thousands of Bushels Surplus (+) or Supplied Thousands of Bushels Shortage Demanded 85 Price per Bushel $ 3.40 72 80 73 75 25 70 3.70 4.00 4.30 4.60 65 79 51 Instructions: Do not use a minus sign when entering your answers. c. How big is the surplus or shortage at $3.40? There is a shortage V of thousand bushels How big is the surplus or shortage at $4.90? There is a surplus V of thousand bushels. How big a surplus or shortage results if the price is 60 cents higher than the equilibrium price? There is a surplus V of 14 thousand bushels How big a surplus or shortage results if the price is 30 cents lower than the equilibrium price? There is a shortage of thousand bushels