Question: 5] Given the supply and demand functions; D (x ) = 120 and S(x) - 5vx where & Is the number of units and D(x)

 5] Given the supply and demand functions; D (x ) =

5] Given the supply and demand functions; D (x ) = 120 and S(x) - 5vx where & Is the number of units and D(x) and S (x) are the price in dollars. a) Find the equilibrium point. b) Find the Producer's Surplus at the equilibrium quantity. Summarize your answer, include units

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