Question: Na a Find the equilibrium point b Find the consumer surplus and producer surplus Du c Suppose a maximum rent of 850 per month is

Na a Find the equilibrium point b Find the consumer surplus and producer surplus Du c Suppose a maximum rent of 850 per month is imposed by the town council Find the point xc Pc La Next question Demand for apartments in a certain town is D x 1500 2x and the supply is S x 600 10x where x is the number of apartments in hundreds and D x and S x are the rent in dollars per month per apartment Cu At d Find the new consumer surplus and new producer surplus e Find the deadweight loss a Which of the following would be the best first step to find the equilibrium point O A Solve D x S x for x OB Find the value of q such that THE C Solve D x S x for x D Solve D x S x for x q 0 q D x dx S x dx 0

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