Cause & Rightarrow Surplus arrow & }(l) Quantity supplied is greater than quantity demanded & Rightarrow & Quantity supplied is less than the quantity demanded & Rightarrow Shortage arrow &

Sure, let's fill in the blanks based on the information provided:<br /><br />1. **Surplus**:<br /> - Cause: Quantity supplied is greater than quantity demanded.<br /> - Surplus: \(\square\) (The blank should be filled with "exists" or "occurs")<br /><br />2. **Shortage**:<br /> - Cause: Quantity supplied is less than the quantity demanded.<br /> - Shortage: \(\square\) (The blank should be filled with "exists" or "occurs")<br /><br />So the completed sentences are:<br /><br />1. **Surplus**:<br /> - Cause: Quantity supplied is greater than quantity demanded.<br /> - Surplus exists.<br /><br />2. **Shortage**:<br /> - Cause: Quantity supplied is less than the quantity demanded.<br /> - Shortage exists.