Market equilibrium and disequilibrium The following graph shows the monthly demand and supply curves in the market for keyboards. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. 05010015020025030035040045050080726456484032241680PRICE (Dollars per keyboard)QUANTITY (Keyboards)Demand Supply  Graph Input Tool   Market for Keyboards     Price (Dollars per keyboard)           Quantity Demanded (Keyboards)       Quantity Supplied (Keyboards)       The equilibrium price in this market is   per keyboard, and the equilibrium quantity is    keyboards bought and sold per month.   Complete the following table by indicating at each price whether there is a shortage or surplus in the market, the amount of that shortage or surplus, and whether this places upward or downward pressure on prices. Price Shortage or Surplus Shortage or Surplus Amount Pressure (Dollars per keyboard) (Keyboards) 48

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