The demand for pizza is given by " = 85 0.4 where " is the quantity demanded in slices and P is the price per slice. The supply of pizza is given by + = 55 + 0.6. i. Calculate the equilibrium price and equilibrium quantity of pizza ii. Calculate the demand and supply for pizzas if the market price is $15 per slice. What problem exists in the economy? What would you expect to happen to price? b. As more people buy televisions, the demand for Netflix increases and the price of Netflix decreases. The fall in the price of Netflix decreases the supply of Netflix." Explain what is wrong with this statement.