Price Quantity ofPeaches Demanded Quantity ofPeaches Sup…
Price Quantity ofPeaches Demanded Quantity ofPeaches Supplied $1.00 350 peaches 125 peaches $1.50 325 peaches 175 peaches $2.00 300 peaches 225 peaches $2.50 275 peaches 275 peaches $3.00 250 peaches 325 peaches The table above depicts the demand and supply schedules for peaches. When the government imposes a price ceiling at $3.00 per peach, there will be a ____ of peaches, and _____ peaches will be bought and sold.