Question:

Find the consumers surplus and the producers surplus at the

Last updated: 12/10/2023

Find the consumers surplus and the producers surplus at the

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