1) What is the intersect of the market demand curve Qd with the price axis (price = p)? What is the maximum quantity demanded for this curve? a) Qd = 100 - 4p; Qd = 125 - 5p (1) b) What is the slope of the curves in a) respectively? (1) c) What is the inverse market demand function for the functions in a)? (1) d) For a market supply function Qs = 5p, what is the intersect of market demand and market supply, for the curves from a); i.e., what are equilibrium price and quantity for both? (1) e) If the price in the market described by 1 d) is 10 instead of your result (for both markets), which market adjustment do you expect? (1) There is no graph provided