Question: Given: (x is number of items) Demand function: d(x) = 4070 - 0.3x2 Supply function: s(x) = 4x Find the equilibrium quantity: 110 Find the


Given: (x is number of items) Demand function: d(x) = 4070 - 0.3x2 Supply function: s(x) = 4x Find the equilibrium quantity: 110 Find the consumers surplus at the equilibrium quantity: 24200 X
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