Equilibrium price

Assume that demand for a commodity is represented by the equation P = 10 — 0.6 Q d, and supply by the equation P = 5 + 0.2 Qs where Qd and Qs are quantity demanded and quantity supplied, respectively, and P is the Price. Use the equilibrium condition Qs = Qd 1: Solve the equations to determine the equilibrium price. 2: Now determine the equilibrium quantity. 3: Graph the two equations to substantiate your answers and label these two graphs as D1 and S1. 4: Furthermore; using demand and supply show what happens to equilibrium price and quantity if eating this product causes a cardiac problem