1. Suppose the demand and supply curves for eggs in the United States are given by the following equations: Q_d=100-20P Q_S=10+40P where Q_d=millions of dozens of eggs Americans would like to buy each year; Q_S=millions of dozens of eggs U.S. farms would like to sell each year; P=price per dozen eggs.
2. Fill in the following table: (2.5 points)

1. Use the information in the table to find the equilibrium price and equilibrium quantity. (2 point)
2. Graph the demand and supply curves and identify the equilibrium price and quantity. (2 point)