Consider a mid-sized suburban locale where the market for modified electronic cigarettes, mod e-cigs, is described by the following demand and supply equations: QD = 448 - 3.5P, and Qs = 2.5P - 80 where QD and Qs are the quantity of mod e-cig demanded and supplied respectively, per month. P is the price (in dollars) for one mod e-cig. Currently, there is no government intervention or any external factors.

1. Given the current market environment, the current market price is $______?

1b. and the current market quantity traded is _______mod e-cigs per month.

2.At the current market price, what is the value of consumers' surplus?