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2) You are given the following Supply and Demand equations: Qo = 1,500 - 32P Qs = 1,200 + 43P a. What will the Quantity Demanded (Qo) at a Price (P) of $7? b. What will the Quantity Supplied (Qs) at a Price (P) of $3? c. What is the Equilibrium Price (PE) and Quantity (QE)? d. Draw the appropriate graph using only the Equilibrium values