The quantity demanded x each month of Russo EspressoMakers is 250 when the unit price p is $135. The quantitydemanded each month is 1000 when the unit price is $105. Thesuppliers will market 700 espresso makers when the unit price is$66. At a unit price of $96, they are willing to market 2200 units.Both the supply and demand equations are known to be linear.
(a) Find the demand equation.
p =
(b) Find the supply equation.
p =
(c) Find the equilibrium quantity and the equilibrium price.
