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Two linear functions represent a market

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The following two linear functions represent a market (thus one is a supply function, the other a demand function). Circle the answer closest to being correct. Approximately what will suppliers willingly supply if the government controls the market price to be $3.00 (You must first find the market equilibrium price and quantity in order to see how the $3.00 relates to them)?  

Q = 100 - 4.6P and Q = 75 + 6.2P

1.        2.3      84.3    86.2    89.3    93.1    93.6 (all close, but approximate) Circle the Best Answer

Reference no: EM131953768

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