1) Write supply and demand functions in terms of price for good X and equilibrium is indeed (100,150) 2) Find the Edx and Esx at market equilibrium 3)

the graph of a market's inverse supply and demand functions for good X (e.g. supply & curves) below, please answer the following questions (25 pts): Q 220 'd = Ap 200 180 180 140 Intersect (100, 150) 100 120 100 2 80 80 Sbo HAD 60 40 20 20 40 100 120 140 160 180 20 220 240 Quantity 280 280 300 320 340 360 380 42