. What is the relationship between quantity demanded and quantity supplied at equilibrium? What is the relationship when there is a shortage? What is the relationship when there is a surplus?

For example, in the table showing the demand and supply schedule for T shirt at different prices (see file attached), the equilibrium price for a unit of T shirt is $3, at equilibrium, QD = QS (i.e. 30 = 30).

A shortage is recorded when the price of T shirt falls below equilibrium price of $3 as shortage of T shirt is recorded, i.e. @ $2, QD>QS (40>20). A shortage of 20 is recorded.

Surplus occurs as price increases above equilibrium price of which QD<QD, i.e. @ $4, a surplus of 20 is recorded.

answer: national resource conservation services

national resource conservation services is the us. based approach that provides technical and financial assistance for natural resource management. nrcs society in conservation of resources by involving in activities like farmland protection, flood prevention, watershed protection, urban conservation, conserves economic and environmental conditions. it conducts soil surveys and implements the policy of natural resources management on the society.