This is Section 5.1 Problem 58: Refer to Exercise #50: A price control will be imposed that sets the price of each pair of the running shoes at no less than $90. Answer the following: (a) The price control will affect the market with an over-supply Correct: Your answer is correct. . 550 Correct: Your answer is correct. pairs of running shoes will be sold at that price. (Round to an integer.) (b) The producer's surplus at that demand is $ Incorrect: Your answer is incorrect. . (Round to an integer.) (c) The consumers' surplus at that demand is $ 6050 Correct: Your answer is correct. . (Round to an integer.) (d) The total surpluses at that demand is $ . (Round to an integer.)