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Suppose that the demand per ounce of the spice saffron, Qo, is represented by the following equation, where Pisthe price of saffron and Qp is

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Suppose that the demand per ounce of the spice saffron, Qo, is represented by the following equation, where Pisthe price of saffron and Qp is the quantity of saffron sold: Qp - 2500 - 24P The supply of saffron, Qc is represented by the equation: Qs =-500 + 75P 1st attempt See Hint Find the equilibrium price and quantity of saffron sold, Round your answers to the nearest whole number. Price $ Quantity

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