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Part 1 (1 point) The market for avored water is characterized by the following inverse supply and demand functions: ~80 Supply: p : Q56 14403
Part 1 (1 point) The market for avored water is characterized by the following inverse supply and demand functions: ~80 Supply: p : Q56 14403 , 10 Demand: p = where Q5 stands for quantity supplied (number of bottles), QD stands for quantity demanded (number of bottles), and P stands for price (per bottle). The equilibrium quantity in the market for avored water is bottles. Round to the nearest whole number. Part 2 (1 point) The equilibrium price in the market for avored water is $ per bottle. Round to the nearest whole number
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