Question: D ( x ) = 9 0 0 - 1 0 x is the price, in dollars per unit, that consumers are willing to pay
is the price, in dollars per unit, that consumers are willing to pay for units of an item, and is the price, in dollars per unit, that producers are willing to accept for units of an item. Find:
The equilibrium quantity:
The equilibrium price:
The consumer surplus at the equilibrium point
The producer surplus at the equilibrium point:
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