The Calculus of Equilibrium and Elasticities Calculus Appendix Figure It Out: Question 1 of 4 Suppose that the supply of lemonade is represented by Q3 = 4UP, where quantity is measured in pints and price is measured in cents per pint. Now suppose that the demand for lemonade is Q\" = 7,011] 10F 0.0M, where I is income. 1What are the current equilibrium price and quantity if income is $100,000? equilibrium price: $ Incorrect quantity of lemonade: 4000 pints