Answer all 4 part please Suppose the total demand for computers and the total supply of computers per month in the Calgary market are as shown below:2700ID2400-2100-18001500-1200-900-600-300-00050300Quantity of Computers150450600,750Note: If there is neither a surplus or a shortage, select 'No surplus or shortage' and enter an amount of 0 units.a) What is the surplus or shortage at a price of $1,900?Price per Computer Note: If there is neither a surplus or a shortage, select 'No surplus or shortage' and enter an amount of 0 units.a) What is the surplus or shortage at a price of $1,900?(Select one) O unitsb) What is the surplus or shortage at a price of $1,700?(Select one) 0 unitsc) What is the surplus or shortage at a price of $1,500?(Select one) O unitsd) What is the surplus or shortage at a price of $1,100?(Select one) 0 units

Equilibrium is achieved at a point where demand curve intersects the supply curve. Any price below…

Suppose the total demand for computers and the total supply of computers per month in the Calgary market a 2700- ID 2400- 2100- 1800- 1500- 1200- 900- 600+ 300- 600, 750 900 1050 300 Quantity of Computers 150 450 Note: If there is neither a surplus or a shortage, select 'No surplus or shortage' and enter an amount of 0 unit a) What is the surplus or shortage at a price of $1,900? Price per Computer

Suppose the total demand for computers and the total supply of computers per month in the Calgary market a 2700- ID 2400- 2100- 1800- 1500- 1200- 900- 600+ 300- 600, 750 900 1050 300 Quantity of Computers 150 450 Note: If there is neither a surplus or a shortage, select 'No surplus or shortage' and enter an amount of 0 unit a) What is the surplus or shortage at a price of $1,900? Price per Computer

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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