Please, I need help with the question attached. Thank you, e.com/static/nb/ui/evo/index.html?deploymentld%3D56722123195413175237392455206&elSBN=9781337096546&id=11592780698&nb* CENGAGE MINDTAPHomework (Ch 04)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.Graph Input Tool(?)100Market for KeyboardsPrice(Dollars perkeyboard)4080SupplyQuantityDemanded(Keyboards)70Quantity Supplied(Keyboards)30012560504030Demand20100 50 100 150 200 250 300 350 400 450 500QUANTITY (Keyboards)The equilibrium price in this market is $per keyboard, and the equilibrium quantity iskeyboards 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.PriceShortage or Surplus Amount(Dollars per keyboard)Shortage or Surplus(Keyboards)Pressure4060Grade It NowSave & ContinueContinue without savingDELLPRICE (Dollars per keyboard)

Name: Please, I need help with the question attached. Thank you, e.com/stati
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Description: Please, I need help with the question attached. Thank you, e.com/static/nb/ui/evo/index.html?deploymentld%3D56722123195413175237392455206&elSBN=9781337096546&id=11592780698&nb* CENGAGE MINDTAPHomework (Ch 04)The following graph shows the monthly dema

Answer : The equilibrium price is $50 and the equilibrium quantity is 250 keyboards. Because at $50…

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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 Amount (Keyboards) (Dollars per keyboard) Shortage or Surplus Pressure 40 60