1. Market equilibrium

The following table shows the monthly demand and supply in the market for ice cream in Toronto.

Price	Quantity Demanded	Quantity Supplied
(Dollars per litre of ice cream)	(Litres of ice cream)	(Litres of ice cream)
4	2,000	200
8	1,600	600
12	1,200	800
16	800	1,200
20	400	1,800

Based on the preceding table, plot the demand for ice cream on the following graph using the blue points (circle symbol). Next, plot the supply of ice cream using the orange points (square symbol). Finally, use the black point (cross symbol) to indicate the equilibrium price and quantity in the market for ice cream.

DemandSupplyEquilibrium0400800120016002000240024201612840PRICE (Dollars per litre of ice cream)QUANTITY (Litres of ice cream)2400, 10