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Given the following equations representing the behavior of producers and consumers: Consumers: Qd = 1,200-6P, Producers: Qs =54P, (P: Price) (Qd: quantity demanded, Qs: Quantity

Given the following equations representing the behavior of producers and consumers: Consumers: Qd = 1,200-6P, Producers: Qs =54P, (P: Price) (Qd: quantity demanded, Qs: Quantity supplied)

Price Quantity Demanded (Qd) (Not listed)Quantity Supplied (Qs) (Not listed)

a. Graph and label Demand and Supply. must be in scale

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