Question: Determine the consumers' surplus and the producers' surplus at the equilibrium price level for the following demand and supply functions. (Round your answers to the
Determine the consumers' surplus and the producers' surplus at the equilibrium price level for the following demand and supply functions. (Round your answers to the nearest cent.)
p=D(x) =115.81.6x
p=S(x) =0.4x2+15
consumers' surplus=?$
producers' surplus= ?$
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