Consider the market for baby cribs. The market for baby cribs is given by Qd = 140 - 0.2p and the market supply of baby cribs is given by Qs = 0.2p - 20, where Qd is the quantity of baby cribs demanded in millions, Qs is the quantity of baby cribs supplied in millions, and P is the price of a baby crib in dollars.
What is the demand for the baby cribs?
What is the supply for baby cribs?