Question: Given that D(x) = 8 -3x and S(x) = 2x - 2: a. Find the equilibrium point b. find the consumer surplus at the equilibrium

Given that D(x) = 8 -3x and S(x) = 2x - 2:

a. Find the equilibrium point

b. find the consumer surplus at the equilibrium point

c. find the producer surplus at the equilibrium point

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