Flip-flops remain a popular footwear option. Demand for flip-flops is ()=242 , and the supply function is ()=2 . 1st attempt Part 1 (3 points) In equilibrium, the price will be $ , and pairs of flip-flops will be sold. Use the straight-line tool to graph the inverse supply and demand curves below, and then use the point tool to plot the equilibrium point. Use the label tool to label this point "Equilibrium