D(x) is the price, in dollars per unit, that consumers are

Last updated: 7/17/2022

D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point D(x)=-3x/10+15, S(x) = x/5+5 (a) Find the equilibrium point.