Graph the price supply equation and price demand equation

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Supply and demand. At a price of $2.28 per bushel, the supply of barley is 7,500 million bushels and the demand is 7,900 million bushels.At a price of $2.37 per bushel, the supply is 7,900 million bushels and the demand is 7,800 million bushels.

(A) Find a price supply equation of the form p=mx+b.

(B) Find a price demand equation of the form p=mx+b.

(D) Graph the price supply equation, price demand equation, and equilibrium point in the same coordinate system.

Reference no: EM131268198

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