Economic.

Part 2 (1 point) See Hint At the price of $3 per bottle in the market for iced tea, buyers would want to buy bottles, Part 3 (1 point) Q See Hint Suppose that the current price per bottle in the market for iced tea is $3. In this market there is Part 4 (4 points) See Hint Once the market reaches an equilibrium, the price will to $ per bottle, and the quantity will bottlesThe market for iced tea is characterized by the following supply and demand functions: Supply: Qs = 40 + 5p Demand: Qp = 96 - 9p. where Os stands for quantity supplied (number of bottles). ( stands for quantity demanded (number of bottles), and p stands for price (per bottle). 1st attempt Part 1 (1 point) See Hint At the price of $3 per bottle in the market for iced tea, sellers would want to sell bottles Part 2 (1 point) See Hint