Question: Given: (x is number of items) Demand function: d(@) = 200 -0.3r Supply function: s() = 0.5x Find the equilibrium quantity: Find the producers surplus


Given: (x is number of items) Demand function: d(@) = 200 -0.3r Supply function: s() = 0.5x Find the equilibrium quantity: Find the producers surplus at the equilibrium quantity
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