Question: please assist in solving steps a,b and c D(x) is the price, in dollars per unit, that consumers are willing to pay for x units

please assist in solving steps a,b and c

D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point. D(x) = 1000 -10x, S(x) = 400 + 5x (a) What are the coordinates of the equilibrium point? I: (Type an ordered pair.)

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