Refer to the supply and demand data for a certain elective surgical procedure. Without

$3,000 and 7,000

Explanation:

Please find attached the table used in answering this question

Equilibrium price is the price at which quantity demand equal quantity supplied.

Equilibrium quantity is the quantity that equates  quantity demand with quantity supplied.

Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded. As a result of the surplus, price would fall until equilibrium is reached.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied. As a result of the shortage, price would rise until equilibrium is reached

I GOT YOU >:3

*Falls*  ;-; HRLP MEH I'VE FALLIN AND CANT GEET UP

Explanation:

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