Question: Please show work/steps. Thank you! 5.1.1 Question Help D(x) is the price, in dollars per unit, that consumers are willing to pay for x units

 Please show work/steps. Thank you! 5.1.1 Question Help D(x) is the

Please show work/steps. Thank you!

price, in dollars per unit, that consumers are willing to pay for

5.1.1 Question Help 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. 7 1 D(X) = - - 10X+ 13, S(x) = -x+4 el (a) Find the equilibrium point. ure (Type an ordered pair, using integers or decimals.) ns n To

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