Using the supply and demand functions below, derive the demand and supply curves if Y = $55,000 and pc =$13. What is the equilibrium price and quantity of coffee? The demand function for coffee is Q -8.5- p +0.01Y, where Q is the quantity of coffee in millions of pounds per year, p is the price of coffee in dollars per pound, and Y is the average annual household income in high-income countries in thousands of dollars. The coffee supply function is Q=9.6 + 0.5p - 0.2PC, where pr is the price of cocoa in dollars per pound. The equilibrium price of coffee is p = $ per pound and the equilibrium quantity is Q = millions of pounds per year. (Enter your responses rounded to two decimal places.)