Question: 5) Given the supply and demand functions: D (x) = 1205 and S (x) - 5vx where x Is the number of VX units and

5) Given the supply and demand functions: D (x) = 1205 and S (x) - 5vx where x Is the number of VX 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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