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The market for skateboards has demand and supply functions, respectively, Q subscript D left parenthesis P subscript D right parenthesis equals 1000 minus 4 P

The market for skateboards has demand and supply functions, respectively, Q subscript D left parenthesis P subscript D right parenthesis equals 1000 minus 4 P subscript D comma Q subscript S left parenthesis P subscript S right parenthesis equals 20 P subscript S minus 200. Calculate the welfare-maximizing equilibrium price and quantity. Round answers to 2 decimals/nearest penny where applicable

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