The price and quantity of equilibrium.

Step 1. To determine the price and quantity of equilibrium. Explanation: The price and quantity of equilibrium can be determined by analyzing the demand schedule, consumer surplus, supply schedule, and producer surplus. Step 2. The demand schedule and consumer surplus are shown in Table 1. Table 1: Person | Maximum Price Willing to Pay | Actual Price (Equilibrium Price) | Consumer Surplus -------------------------------------------------------------------------------------------- Bob | $13|$8 | $5(=$13 - $8)Barb|12|$8 | $4(=$12 - 8) Bill | $11|$8 | $5(=$11 - $8)Bart|10|$8 | $5(=$10 - 8) Brent | $9|$8 | $5(=$9 - $8)Betty|8|$8 | $5(=$8 - 8) Step 3. The supply schedule and producer surplus are shown in Table 2. Table 2: Person | Minimum Acceptable Price | Actual Price (Equilibrium Price) | Producer Surplus -------------------------------------------------------------------------------- Carlos | $3|$8 | $5(=$8 - $3)Courtney|4|$8 | $4(=$8 - 4) Step 4. Now, we can determine the equilibrium price by finding the price at which the quantity demanded and quantity supplied are equal. In this case, it is $8. Step 5. The equilibrium quantity can be determined by looking at the quantity demanded or supplied at the equilibrium price. Since the quantity demanded and supplied are not provided in the solution, we cannot determine the equilibrium quantity based on the given information. Additional information is required.