Question: bb Find the consumers' surplus and the producers' surplus at the equlibrium level for the given price-demand and price-supply equations. Include a graph that identifies
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Find the consumers' surplus and the producers' surplus at the equlibrium level for the given price-demand and price-supply equations. Include a graph that identifies the consumers' surplus and the producers' surplus. Round all values to the nearest integer. p = D(x) =34 - 0.05x; p = S(x) = 12 + 0.05x The value of x at equilibrium is The value of p at equilibrium is $ The consumers' surplus at equilibrium is $ The producers' surplus at equilibrium is $. Identify the correct graph, showing the consumers' surplus, shaded silver, and the producers' surplus, shaded blue. O A. O B. O C. OD. Ap 50- Ap 50 TP Ap 50- 23- 23- 23 23-4 X X X X 220 500 220 500 220 500 220 500
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