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2. (Supply 8; Demand) Suppose an econometrioian gives you the following information regarding the marginal willingness to pay [MWTP) and the marginal cost (MC) for
2. (Supply 8; Demand) Suppose an econometrioian gives you the following information regarding the marginal willingness to pay [MWTP) and the marginal cost (MC) for the provision of clean water: Quantity (in millions of gallons per day) MWTP (in $ per million gals) MC(in $ per million gals) 1000\" 4500 7500 5000 15000 5400 Assume that the demand and supply curves are linear. (a) Calculate the equations for the two curves
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