Assume a demand$$ equation:

Upper Q Subscript d Baseline equals $9$ minus $0\mathrm{.}1$ p minus p Subscript b Baseline plus $0\mathrm{.}01$ p Subscript cm Baseline plus $0\mathrm{.}0001$ Upper Y$$;

and a supply$$ equation:

Upper Q Subscript s Baseline equals $0\mathrm{.}1$ p minus $0\mathrm{.}02$ p Subscript fg Baseline plus $0\mathrm{.}01$ Upper N plus $0\mathrm{.}01$ Upper T minus $0\mathrm{.}1$ w

$$where:

p$=$ price of lobster

Q$=$ quantity in thousands of units

p Subscript b $=$ price of butter$=$ $$3$

p Subscript fg $=$ price of fishing gear$=$ $$450$

p Subscript cm$=$ price of crab meat$=$ $$200$

N$=$ number of firms$=700$

Y$=$ consumer income$=$$$40$ comma $000$

T$=$ index of technology$=300$

w$=$ wage rate$=$$$20$

Part $2$

The equilibrium price of lobster is $$$

$$

enter your response here $($enter your response as a whole number$).$