Question: Given: (x is number of items) Demand function: d(x) = 2880 x Supply function: s(x) = 5x Find the equilibrium quantity: Find the consumers
Given: (x is number of items) Demand function: d(x) = 2880 x Supply function: s(x) = 5x Find the equilibrium quantity: Find the consumers surplus at the equilibrium quantity: $ items
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