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3. (7 points) The market for lasagna has the following demand and supply schedules: Price (in Php) Quantity Demanded Quantity Supplied 200 300 400

3. (7 points) The market for lasagna has the following demand and supply schedules: Price (in Php) Quantity Demanded Quantity Supplied 200 300 400 500 600 700 120 100 75 60 45 30 30 45 75 90 100 115 a. (3 points) Graph the demand and supply curves. What are the equilibrium price and quantity in this market?

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