Determine the price-demand equation of form


At the price of $2.27 per bushel, supple of the certain grain is 7200 million bushels and demand is 7600 million bushels. At the price of $2.32 per bushel, supply is 7600 million bushels and demand is 7500 million bushels. (A) Determine the price-supply equation of form p=mx+b, where p is price in dollars and x is supply in millions of bushels. (B) Determine the price-demand equation of form p=mx+b, where p is price in dollars and x is demand in millions of bushels. (C) Compute the equilibrium point.

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Mathematics: Determine the price-demand equation of form
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