Suppose the daily demand for soda is given by P= 4 - (2/3) Q and the daily supply of soda is given by P= 1 + (1/3)Q, where Pis the dollar price of a can of soda and Q is the number of cans of soda (in thousands). a. Sketch the demand curve and the supply curve. Instructions: Use the tools provided to draw the demand and supply curves. Plot each end point (4 points total). Market for Soda 6 Tools 1 5 Demand Supply ences (6, 4.5) 4 Price ($/can) 2 0 1 2 3 4 5 6 Quantity (1,000s of cans per day) C