(SPRING 2023) P Final Exam Spring 2023 Benjamin Smith 05/11/23 9:17 PM 2023 Question 14 of 14 This test: 100 point(s) possible This question: 11 point(s) possible Submit test The table below gives the quantity of magnetic inductors demanded and the quantity (a) What is the price as a function of the quantity demanded? supplied for selected prices. p = (a) Find the linear equation that gives the price as a function of the quantity demanded. (b) Find the linear equation that gives the price as a function of the quantity supplied. (Type an expression using q as the variable. Type your answer in slope-intercept form.) (c) Use these equations to find the market equilibrium price. (b) What is the price as a function of the quantity supplied? Price Quantity ($) Quantity Demanded (thousands) Supplied (thousands) P = Type an expression using q as the variable. Type your answer 30 420 0 in slope-intercept form.) 40 370 100 50 320 200 (c) What is the market equilibrium price? 60 270 300 100 70 700 $ Submit