Referring to the following graph,what is the equilibrium price and quantity? What happens when prices are above and below the equilibrium levels? 
Definitions:
Internal Control
Mechanisms, rules, and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
Normative Control
A management approach that seeks to regulate employees' behavior and decisions through the establishment of organizational norms and values.
Clan Control
A form of organizational management where control is exerted by promoting a strong culture, shared values, and traditions among its members.
Bureaucratic Control System
A formal system of organization that is based on clearly defined hierarchical levels and roles, with a focus on following fixed rules and procedures to manage operations.
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