Question: Given: (x is number of items) Demand function: d(x) = 100 - 0.6x Supply function: s(x) = 0.2x Find the equilibrium quantity: 142.857 Find the


Given: (x is number of items) Demand function: d(x) = 100 - 0.6x Supply function: s(x) = 0.2x Find the equilibrium quantity: 142.857 Find the producers surplus at the equilibrium quantity
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