Given the following market equations for peanuts:
Quantity supplied: QS = -125+125P
Quantity demanded: QD = 1000 -100P
a. Solve for the equilibrium price (P) and quantity (Q)
b. Illustrate the supply function and demand function
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Photosynthesis is a process used by plants and other organisms to convert light energy into chemical energy that, through cellular respiration, can later be released to fuel the organism's metabolic activities.
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