Question: Given: ( x is number of items ) Demand function: d ( x ) = 5 0 0 0 . 3 xd ( x )

Given: (x is number of items)
Demand function: d(x)=5000.3xd(x)=500-0.3x
Supply function: s(x)=0.5xs(x)=0.5x
Find the equilibrium quantity:
Find the consumers surplus at the equilibrium quantity:

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