Question: Given the following functions for supply and demand.(5 points) Mathematically calculate the areas that make up the net change in CS, the net change in

  1. Given the following functions for supply and demand.(5 points)
    1. Mathematically calculate the areas that make up the net change in CS, the net change in PS, and the DWL. (I would recommend making a graph and showing your work completely so I can fine any mistakes if made)

Qd = -4P + 120 Qs = 4P + 60 Pf = 10

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