Homework: HW $6\mathrm{.}2$

Question $3,6\mathrm{.}2\mathrm{.}77-$BE

HW Score: $93\mathrm{.}33\%,2\mathrm{.}8$ of $3$

erbin

points

Part $5$ of $5$

Points: $0\mathrm{.}8$ of $1$

Find the consumers' surplus and the producers' surplus at the equlibrium level for the given price$-$demand and price$-$supply equations. Include a graph that identifies the consumers' surplus and the producers' surplus. Round all values to the nearest integer.

$p=D(x)=46\mathrm{.}6-0\mathrm{.}07x$;$p=S(x)=13+0\mathrm{.}05x$

Question $1$

Question $2$

The value of $x$ at equilibrium is $280.$

The value of $p$ at equilibrium is $$27.$

The consumers' surplus at equilibrium is $$2744$

The producers' surplus at equilibrium is $$1960.$

Identify the correct graph, showing the consumers' surplus, shaded silver, and the producers' surplus, shaded blue.

A$.$ B$.$

C$.$

D$.$