Section 3.4 10. The demand and supply for a product given price, shows a linear pattern. The data for a product are given below. Price Demand (millions of Supply (millions of units) units) 22 4 16 28 $60 $120 (a) Find the demand equation. Let p, price be the input variable and q, quantity be the output variable. The ordered pair is (p, q). Show your calculations to receive credit. (4 pts) (b) Find the supply equation. Let p, price be the input variable and q, quantity be the output variable. The ordered pair is (p, q). Show your calculations to receive credit. (4 pts) (c) Find the equilibrium point. This is the price and quantity where supply is equal to the demand. Write your answer as an ordered pair (p, q) and round to the nearest tenth if necessary. Show your calculations (4 pts)