Question:
Find the consumers surplus and the producers surplus at the
Last updated: 12/10/2023
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Find the consumers surplus and the producers surplus at the equlibrium level for the given price demand and price supply equations Include a graph that identifies the consumers surplus and the producers surplus Round all values to the nearest integer p D x 36 0 06x p S x 11 0 04x The value of x at equilibrium is 250 The value of p at equilibrium is 21 The consumers surplus at equilibrium is 1875 The producers surplus at equilibrium is 4