In (a) Determine if the given equation is a supply or demand equation. For a supply equation, find the minimum price for which there will be any supply. For a demand equation, find the maximum possible demand and the maximum price that can be charged.
(b) Plot the graph of the given equation.
![2339_58124f56-4c85-4e39-a2c7-10b4724fb66f.png](https://secure.tutorsglobe.com/CMSImages/2339_58124f56-4c85-4e39-a2c7-10b4724fb66f.png)