Referring to the graph below, what is the equilibrium price and quantity? What happens when prices are above and below the equilibrium levels? 
Definitions:
Reasonable Outcomes
Anticipated results or consequences of an action that are sensible and realistic based on the given conditions.
Happiness
A state of well-being and contentment characterized by emotions ranging from contentment to intense joy.
Satisfied Employees
Workers who feel content, fulfilled and happy with their job and workplace conditions.
Satisfy Customers
The process of fulfilling or exceeding the expectations and needs of customers, often seen as crucial to business success.
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