(Answered) Suppose that demand and supply schedules are given

Economics

Suppose that demand and supply schedules are given by:

Price Quantity Dem Quantity Supp

$ 0 21 0

$1 18 4

$2 15 8

$3 12 12

$4 9 16

$5 6 20

$6 3 24

$7 0 28

At a price of $4, there would be a ____________ of the good.
A. shortage
B. surplus
C. neither

The shortage/surplus is equal to__________.

(This is EXACTLY how the question was given to me, I cannot add any more information).

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