the demand for cars is given by the function Q=a-bP; and supply is given by the function S=c+P where Qis quantity demanded and s is quantity…

the demand for cars is given by the function Q=a-bP; and supply is given by the function S=c+P where Qis quantity demanded and s is quantity supplied, p = price and a,b and c are constants. solve for the equilibrium price and quantity in the car market as functions of a,b and c.