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QUESTION 20 2 poi The demand function for sun hats is 200 - 4PS - 2PL and the demand function for lab coats is 200

QUESTION 20 2 poi The demand function for sun hats is 200 - 4PS - 2PL and the demand function for lab coats is 200 - 3PL - Ps, where Ps and PL are respectively the price of sun hats and lab coats. If the world supply of sun hats is 130 and the world supply of lab coats is 120, then the equilibrium price of sun hats is O$17.50. 0$25. O$5. O$10. O$30

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