Question: Please solve the following question The table below shows the hypothetical demand and supply for coffee beans in two countries: Guatemala and Bulgaria. Use the

Please solve the following question

The table below shows the hypothetical demand and supply for coffee beans in two countries: Guatemala and Bulgaria. Use the information in the table provided to answer the questions below. Price ($) per pound (lb) of coffee beans Price Guatemala Quantity Guatemala Quantity Bulgaria Quantity Bulgaria Quantity ($/lb) Demanded (lb) Supplied (lb) Demanded (lb) Supplied (lb) 8 180 500 155 210 7 200 460 180 180 6 250 410 200 160 5 280 360 220 140 4 320 320 240 125 3 350 280 260 115 What would the equilibrium price and quantity in Guatemala and Bulgaria be if no trade took place? Enter the answers in the boxes below. Price in Guatemala Quantity in Guatemala Number Number Price in Bulgaria Quantity in Bulgaria Number Number

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