Consider the following Supply and Demand curves for tangerines: Supply: Q = 2p Demand: Q = 240 - 4p 10. Draw both the Supply and Demand functions with Q on the x-axis and p on the y-axis. Label any x-intercepts and y-intercepts. [2 points] 11. What is the free-market equilibrium Quantity (Q*) and price (p*)? [1 point] 12. Is the Demand function elastic or inelastic? Is the Supply function elastic or inelastic? How do you know? [2 points]