Question: Supply and demand data are in the tables given below.TABLE 1table[[q0,100200300400500600,,,],[p50,44,42,40,37]]TABLE 2table[[q,0,100200300400500600,,,,],[p28,32,36,40,47,54,61]](a) Which table shows the demand?(b) Estimate the equilibrium price and quantity.peq=$ per unit

Supply and demand data are in the tables given below.TABLE 1\table[[q0,100200300400500600,,,],[p50,44,42,40,37]]TABLE 2\table[[q,0,100200300400500600,,,,],[p28,32,36,40,47,54,61]](a) Which table shows the demand?(b) Estimate the equilibrium price and quantity.peq=$ per unit qeq= units (c) Estimate the consumer and producer surplus.Consumer Surplus = S Producer Surplus =$

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