Economics power

I just came across a question that made me laugh out loud. It's a pleasure to have such a great chief examiner for such a difficult subject.

Here's the question:

The demand for 'Shoes-on-Air' which are produced by a competitive industry is comprised of the demand by two major groups of consumers: Teenagers (whose price elasticity of demand is greater than unity as it is cool to walk like a hyena but feet are not that conspicuous) and atheletes (whose price elasticity of demand is less than unity as one cannot win if one does not walk on air).

(a) Describe the initial long-run equilibrium in the market
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Joker