Message : - 2. Solve the following equation for Qdx: Qdx = 1000 -2Px + 4Py -2Pz +10Yn -3Yi + 6T + 8#B + 4Exppy Given: i. Py (price of substitute good y) = $10 ii. Pz (price of complementary good z) = $2 iii. Yn (income for a normal good) = $200 iv. Yi (income for an inferior good) = $20 v. T (Tastes) = 50 vi. #B (number of buyers) = 30 vii. Exppy (expectations of changes in prices and incomes) = $40 viii. Px (price of the good itself) = $100 3. Solve the following equation for Qsx: Qsx = 10 +2Px – 3C + 4 #S + 5 Tech Given: i. C (Costs) = $100 ii. #S (number of sellers) = 500 iii. Tech (Technology factor) = 40 iv. Px (price of the good itself) = $100 4. You will probably notice that $100 is not the equilibrium price because Qdx is not equal to Qsx. The equilibrium price and quantity of x are jointly determined by supply and demand. Given the demand and supply equations in question 2 and question 3, solve for the equilibrium price and the equilibrium quantity. (Hint: you will know the answer is correct when the equilibrium quantity demanded equals the equilibrium quantity supplied)