Question: The table sets out the demand and supply schedules for college meals:
![77_Quantity.png](https://secure.tutorsglobe.com/CMSImages/77_Quantity.png)
a. What are the equilibrium meal price and equilibrium quantity of meals?
b. If the college put a price ceiling on meals at $7 a meal, what is the price students pay for a meal? How many meals do they buy?