Using the supply and demand functions below, derive the demand and supply curves if Y $55,000 and p $10. 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-0.2pe where Pe is the price of cocoa in dollars per pound. The equilibrium price of coffee is p S per pound and the equilibrium quantity is -I millions of pounds per year. (Enter your responses rounded to two decimal places.)