Question: Given: (x is number of items) Demand function: d(x) = 300 - 0.3x Supply function: $ (x) = 0.5x Find the equilibrium quantity: Find the


Given: (x is number of items) Demand function: d(x) = 300 - 0.3x Supply function: $ (x) = 0.5x Find the equilibrium quantity: Find the consumers surplus at the equilibrium quantity
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