Price Quantity Demanded Quantity Supplied $0 15 0 $1 13 3 $2 11 6 $3 9 9 $4 7 12 $5 5 15 $6 3 18 Answer the following four questions based on the table above. 2.1. What is the size of the shortage a price ceiling of $2 would create? Briefly explain. 2.2. What is the size of the shortage a price ceiling of $5 would create? Briefly explain.

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