When sold for $700.00, a certain deskt annual supply of 128 million computer annual demand of 151.5 million comp the price increases to $861.00, the ann increases to 150.5 million computers, demand drops to 130 million computer (a) Assuming that the supply and dema are linear, find the supply and demand Supply Equation p = Demand Equation p = Р (Note: The equations should be in the f mq+b where p denotes the price and q denotes the quantity (in millions) and y-intercept should be accurate to t places). (b) Find the Equilibrium price and quantity
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