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sove (A),(B),(C),(D) *Bus Econ 1.2.79 Question Help At a price of $2.28 per bushel, the supply of a certain grain is 7400 million bushels and

sove (A),(B),(C),(D) image text in transcribed
*Bus Econ 1.2.79 Question Help At a price of $2.28 per bushel, the supply of a certain grain is 7400 million bushels and the demand is 7500 million bushels. At a price of $2.33 per bushel, the supply is 7800 million bushels and the demand is 7400 million bushels. (A) Find a price-supply equation of the form p=mx+b, where p is the price in dollars and is the supply in millions of bushels. (B) Find a prico-demand equation of the form p = mx +b, where p is the price in dollars and X is the demand in millions of bushels. (C) Find the equilibrium point. (D) Graph the price-supply equation, price-demand equation, and equilibrium point in the same coordinate system (A) The price-supply equation is p=0 (Type an exact answer. Use integer or decimals for any numbers in the equation)

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