(Fill in the 4 blanks. For numbers, use two decimal places when necessary.) There are 1,000 households, each with a demand function for garlic G = 2.6 – 0.5P. There %3D are 100 producers of garlic, each with a supply curve G = 2.5P - 4. Market demand for garlic is Qp = and market supply of garlic is Qs the equilibrium quantity of garlic is Q = and the equilibrium price of garlic is P = $

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A: here we calculate the given by following method given below as;

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