kscgi/x/Isl.exe/10_u-IgNslkr7j8P3jH-IBhBKplvJLUg6NO6tj9qFitz6nQLOPsPMGhY8iSOOkvCqCn91-VaNJJXY6thZ-pPvxSQ13a0bOCEBIGTcpv5etTaXiMQECo?10Bw7 = Homework 8.1 Question 7 of 7 (1 point) | Question Attempt: 1 of Unlimited The price (in $) of a cookbook is determined by the number of cookbooks x demanded by consumers and supplied by the publisher. Supply: p = 0.004x Demand: p = -0.007x +220 (a) Solve the system of equations defined by the supply and demand models. (b) What is the equilibrium price? (c) what is the equilibrium quantity? Part 1 of 3 The solution set is X Write your answer as an ordered pair. Part 2 of 3 The equilibrium price is S X Part 3 of 3 The equilibrium quantity is cookbooks. X Save F