Question: Given: (x is number of items) Demand function: d(x) = 200 - 0.5x Supply function: s(x) = 0.3x Find the equilibrium quantity: 250 Find the

Given: (x is number of items) Demand function: d(x) = 200 - 0.5x Supply function: s(x) = 0.3x Find the equilibrium quantity: 250 Find the producers surplus at the equilibrium quantity

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