Question: Please show all work!The demand and supply functions for a certain product are given byp=d(p)=25-0.005x2p=s(p)=0.004x2where p is in dollars and q is the number of

Please show all work!The demand and supply functions for a certain product are given byp=d(p)=25-0.005x2p=s(p)=0.004x2where p is in dollars and q is the number of items.a. Find the equilibrium price and quantity. Round to two decimal places.b. Find the consumer surplus.c. Find the producer surplus.d. Find the total gains from trade at the equilibrium price.

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