Question: Given: (X is number of items) Demand function: d(:c) : 857.5 0.53:2 Supply function: 8(31) : 0.23:2 Find the equilibrium quantity:[ 35 V, d Find


Given: (X is number of items) Demand function: d(:c) : 857.5 0.53:2 Supply function: 8(31) : 0.23:2 Find the equilibrium quantity:[ 35 V, d" Find the producers surplus at the equilibrium quantity:[
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