Question: Consumer's / Producer's Surplus: Given the demand function D(x)=(x- 14)^2 and the supply function S(x)=(x^2) +28 a. Find the sales level that will satisfy both

Consumer's / Producer's Surplus: Given the demand function D(x)=(x- 14)^2 and the supply function S(x)=(x^2) +28

a. Find the sales level that will satisfy both the buyer and the seller

b. Find the consumer's surplus at the given sales level and give a brief explanation of what the value means.

c.Find the producer's surplus at the given sales level and give a brief explanation of what the value means.

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