With reference to the demand-supply model in Problem
(a) determine if the demand and/or supply function is exactly identified, overidentified, or underidentified.
(b) Give a graphical interpretation of your answer to part a.
(c) Derive the formula for the structural coefficients from the reduced-form coefficients.
![348_Derive the formula for the structural coefficients1.png](https://secure.tutorsglobe.com/CMSImages/348_Derive%20the%20formula%20for%20the%20structural%20coefficients1.png)