Question: Please help with this practice question. The demand curve for rooms at a hotel in Oakland is given by PD = 250 1.5*QD. The supply

Please help with this practice question.

The demand curve for rooms at a hotel in Oakland is given by PD = 250 1.5*QD. The supply curve of rooms for the same hotel in Oakland is given by P5 = 45 + 05. What is the total dollar value of producer surplus? Provide answer without the dollar sign. The demand curve for rooms at a hotel in Oakland is given by PD = 250 - 1.5*QD. The supply curve of rooms for the same hotel in Oakland is given by P5 = 45 + Q5. What is the total dollar value of consumer surplus? Provide answer without the dollar Sign

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