Question Detail:ControlSoft, Inc. is a supplier of inventory management and control software that is popular with companies in the US. The company has retained a consulting firm to provide advice concerning demand and supply conditions in the industry. Using government data, the consultant estimates market supply and demand conditions as follows: Qs = 4000P and Qd = 1,500,000 â 2000P.a) Assuming the industry is perfectly competitive, calculate the domestic equilibrium price and output combination.b) Now assume that ControlSoft lobbies for and obtains import restrictions