Please answer the following question

Consider a competitive market for which the quantities demanded and supplied (per year) at various prices are given as follows: Price (Dollars) Demand (Millions) Supply (Millions) 60 22 14 80 20 16 100 18 18 120 16 20 Calculate the price elasticity of demand when the price is $60. The price elasticity of demand is . (Enter your response rounded to two decimal places.) Calculate the price elasticity of supply when the price is $80. The price elasticity of supply is D. (Enter your response rounded to two decimal pieces.) What are the equilibrium price and quantity? The equilibrium price is $|:| and the equilibrium quantity is I: million. (Enter your response as an integer.) Suppose the government sets a price ceiling of $60. There will be a '1 of I: million units. (Enter your response es an integer)