Also Given pt = $2.55 what the new equilibrium price of avocados is and the new equilibrium quantity of avocados is

The estimated monthly U.S. demand function for avocados is V Q=144-40p + 20pt, where p is the price of avocados and p, is the price of tomatoes. The estimated supply function is Q =50 + 15p. The initial price of tomatoes is $0.80 per pound. Using algebra, determine the initial equilibrium price and quantity of avocados, and then determine how price and quantity change if the price of tomatoes increases by $1.75 to $2.55. Given p, = $0.80, the initial equilibrium price of avocados is P= $ and the initial equilibrium quantity of avocados is Q =0 (Enter your responses rounded to two decimal places.)