Question: Problems 51 - 58, find the consumers' surplus and the producers' surplus at the equilibrium price level for the given price-demand and price-supply equations. Include
p = D (x) 25 - 0.004x2; p = S(x) = 5 + 0.004x2
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p Dx 25 0004x 2 p Sx 5 0004x 2 Equilibrium price ... View full answer
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