Suppose you are studying the market for light bulbs and need to estimate a demand curve and a supply curve. The current market equilibrium is a price of 5 and a quantity of 300,000. Suppose the price elasticity of demand is -0.75 and the price elasticity of supply is 1.25. Estimate a linear demand curve and a linear supply curve. What is the choke price? What is the minimum price at which rms will produce? (6 marks)