POSSIDIO The demand function for pork is: Q = 400 -100P + 0.05INCOME, where Q" is the tons of pork demanded in your city per week, P is the price of a pound of pork, and INCOME is the average household income in the city The supply function for pork is: Q' = 250+ 150P - 20COST. where Q' is the tons of pork supplied in your city per week, P is the price of a pound of pork, and COST is the cost of pig food, Suppose INCOME is $50,000 and COST is $4. In this case, the equilibrium price of pork would be $| and the equilibrium quantity of pork would be tons; (Round your answer for the price to two decimal places.) Suppose INCOME falls to $40.000 and COST does not change Time Remaining: 02 0129 . Previous