Learning Goal: I’m working on a micro economics exercise and need the explanation and answer to help me learn.

The market for snow shovel is described by the following supply and demand curves:dsP QP Q150 430 2= = +a. Draw the curves. Be sure to label axes and curves.b. Compute the equilibrium price and equilibrium quantity.c. If the price is $90, what is the quantity supplied? What is the quantity demanded?d. At a price of $90, is the market in equilibrium? If not, name the situation? What will happen? Why?e. If the price is $58, what is the quantity supplied? What is the quantity demanded?f. At a price of $58, is the market in equilibrium? If not, name the situation? What will happen? Why?