Question: Given: ( x is number of items ) Demand function: d ( x ) = 4 2 0 5 xd ( x ) = 4

Given: (x is number of items)
Demand function: d(x)=4205xd(x)=4205x
Supply function: s(x)=5xs(x)=5x
Find the equilibrium quantity: items
Find the producer surplus at the equilibrium quantity: $

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