7. The article notes that current production has fallen to 76% of capacity from 80% of capacity in February while, "prices have fallen 12% since February to $723 a ton for the benchmark hot rolled steel, from $827 a ton". With the information provided in the article and the calculations from previous questions and knowing the changes in industry would be: the industry were triggered by a shift in demand, an estimate of a single factor linear supply function for the steel a. Qs = 975 + .78 P. b. Qs = 613 + 1.28 P. C. . Qs = 1,200 + .78 P. d. Qs = 1,969 + 1.28 P. e. Qs = 829 + .98 P