A candle company determines that, for a certain specialty candle, the supply function is p = m1x + b1 and the demand function is p = m2x + b2, where p is the price of each candle, x is the number of candles supplied or demanded, and m1, m2, b1, and b1 are constants. At what value of x do the graphs of the supply function and demand function intersect?

(1) m1 = –m2 = 0.005

(2) b2 – b1 = 6

Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.

Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.

BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.

EACH statement ALONE is sufficient.

Statements (1) and (2) TOGETHER are NOT sufficient.