Annual demand is given by [in thousands]. Qd = 15 + 10 Advertising 3 P (Where Advertising is the amount that is spent on advertising.)Calculate each the following:a. What is the demand if P = 3 and Advertising = 2?b. What happens if you lower the price to 2? Is this beneficial to the firm? Why?c. What happens if you raise the price to 4 but also raise the Advertising to 2.1? Is this beneficial to the firm? Why?d. What is the equilibrium if Qs = 11 + P and we spend 2 on Advertising?