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E Test: Exam #2 Question 19 This Test: 74 pts possible Suppose market demand is Q = 60 -10P and market supply is Q =

E Test: Exam #2 Question 19 This Test: 74 pts possible Suppose market demand is Q = 60 -10P and market supply is Q = 35 + 10P. The market equilibrium price is $ and the equilibrium quantity is units. (Enter your responses rounded to two decimal places.) Suppose the government institutes a price floor of $3.25. The price floor will results in a of units. (Enter your response as a whole number.)

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