Question: Given: (x is number of items) Demand function: d(x) = 400 400 0.5 Supply function: s(x) = 0.3x Find the equilibrium quantity: Find the

Given: (x is number of items) Demand function: d(x) = 400 400 0.5 Supply function: s(x) = 0.3x Find the equilibrium quantity: Find the consumers surplus at the equilibrium quantity: Preview Preview

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