Given the two functions below in the picture answer the following;
a. Using the same Microsoft Excel sheet or otherwise, draw or sketch the two functions for the interval -1<q<3 .
b. From your diagram (part a) above), identify which of the two functions represents the demand curve and name the intercept(s) formed.
c. From your diagram (part a) above), identify which of the two functions represents the supply curve and name the intercept(s) formed.
d. Economically, it is said that equilibrium is established when the demand curve intercepts the supply curve. Hence or otherwise, determine the
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