et's first consider the fertilizer market just from the perspective of the direct participants: the farmers and the fertilizer producers. Let the private marginal benefits of fertilizer to farmers (PMB) be given by the equation PMB = 10 - Q. On the other side of the market, fertilizer manufacturers are willing to supply fertilizer to farmers according to their private marginal costs (PMC), which are given by the equation PMC = 2 + Q. Use these functional relationships when responding to the following: a. Sketch the PMB and PMC curves together on a graph. Be sure to label your graph carefully and accurately. You will upload your graph, along with your work for all the other exam questions, as a single pdf at the end of the exam. b. Solve for the equilibrium quantity and price of fertilizer that would emerge in a competitive market. Indicate those values in the blanks below and on your graph. The equilibrium quantity of fertilizer is . The equilibrium price of fertilizer is $