The demand for tea has been estimated as Q = 7,000 - 550P + 2101 + 425P Where: = thousands of pounds of tea sold P = price per pound of tea I = per capita disposable personal income in thousands of dollars Pc = price per pound of coffee a) If next year's tea price is forecast to be $3, per capita disposable personal income is estimated to be $15,000 (i.e., 15), and the price per pound of coffee is estimated to be $4, compute the expected quantity demanded for the coming year. b) Economic forecasters believe the probability of a major recession next year is high and would reduce per capita income to $13,000 (13). In addition, a frost in Brazil is likely to increase the price of coffee to $7 per round. What impact would these changes in the economic outlook have on the demand for tea