Do the following problems. Problem $2$ is taken from problem $2\mathrm{.}28$ in Besanko and Braeutigam $2,$ it will help to review section $2\mathrm{.}5$ on "Back$-$of$-$the$-$envelope calculations" from Chapter $2$ of B Braeutigam. Problem $1$ The demand and supply curves for coffee are given by $Qd=2100-2F4$P$.$ Using algebra, determine the market equilibrium price and quantity of coffee. Problem $2C$ following sequence of events in the U$.$S$.$ market for strawberries during the years $1998-2000$: Uneventful. The market price was $$5$ per bushel, and $4$ million bushels were sold. $1999$: There the possibility of contaminated strawberries from Michigan. The market price was $$4\mathrm{.}50$ per bu million bushels were sold. $2000$: By the beginning of the year, the scare over contaminated str when the media repprted that the initial reports about the contamination were a hoax. A series Midwest, however, destroyed significant portions of the strawberry fields in lowa, Illinois and $N$ market price was $$8$ per bushel, and $3\mathrm{.}5$ million bushels were sold. Find linear demand and sup the initial year that are consistent with this information. Hint: shifts in supply will allow you to fir curve and shifts in demand will allow you to find the supply curve. Question $3$ Listen to the