Referring to the graph below, what is the equilibrium price and quantity? What happens when prices are above and below the equilibrium levels? 
Definitions:
Variation in Academic Performance
Differential outcomes in educational attainment among students, due to a variety of factors including socioeconomic background, quality of schooling, and individual capabilities.
Desegregation
The process of ending the separation or segregation of ethnic, racial, or gender groups within a society or institution, aiming for greater inclusion and equality.
Academic Gap
The disparity in academic performance and outcomes between different groups of students, often defined by socioeconomic status, ethnicity, or other demographic factors.
Federal Government Report
Official documents published by the federal government, detailing research findings, policy analyses, or administrative news.
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