Question: Given: ( x is number of items) Demand function:d(x)=672.80.6x^2 Supply function:s(x)=0.2x^2 Find the equilibrium quantity:__________ Find the producers surplus at the equilibrium quantity:_____________
Given: (xis number of items)
Demand function:d(x)=672.80.6x^2
Supply function:s(x)=0.2x^2
Find the equilibrium quantity:__________
Find the producers surplus at the equilibrium quantity:_____________
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