Using the graph below, if a $14 price floor is imposed on this market, find quantity supplied and quantity demanded. Will there be a shortage (excess demand) or a surplus (excess supply)? How large will the imbalance be? Supply and demand Graph Supply curve consists of the following (25, $10), (75, $11), (125, $12), (175, $13), (225, $14), (275, $15) Demand curve points: (25, $15), (100, $14), (175, $13), (225, $12), (275, $11), (300, $10) Question 22 options: Quantity Supplied = 100 Quantity Demanded = 225 Shortage of 125 Quantity supplied = 225 Quantity Demanded = 175 Surplus of 50 Quantity Supplied = 225 Quantity Demanded = 100 Surplus of 125 None of the above