3. Consider the following demand and supply curves: - 5800 -6P and Q' = 4p- 120 a. Graph the supply and demand curves. b. What are the equilibrium quantity and equilibrium price? c. What happens in this market if a price floor of $600 is placed on this good? d. If a price ceiling of $500 instead of a price floor were placed on this good, how would the market be affected