The result is a bindingot binding

The resulting output would be a shortage/a surplus/a equilibrium

The demand and supply schedule for a market is shown below. Use the information to answer the following questions. $8.38 188 64 8.98 185 }'2 1.98 182 88 1.18 99 EB 1.28 96 96 1.38 93 134 1.48 98 112 1.58 8? 128 1.58 34 123 1.?8 81 136 1 E Instructions: Round your answer for price to two decimal places. Enter your answers for quantity as a whole number. For part B and C. If the market Is in equiliblrum the amount of the shortage or suplus is 0 units. Enter all values of shortage and surplus as positive numbers. a. The equilibrium price is $ 1.20 and the equilibrium quantity is 95 units. b. Suppose the government puts a price ceiling of $.90 on the market The result is a price ceiling. The resulting output will be of units. c. Suppose instead the government puts a price ceiling of $1.40 on the market. The result is a price ceiling. The resulting output will be of |:| units. Question 2: Suppose the graph below depicts a market with a positive externality. Use the graph to answer Question 2 below. 6) Market Price 0 a1 02 Quantity The quantity that reflects the benefits of only direct consumers is: O Q2 O P1 O Q1 OP2