Question: Please show work/steps. Thank you! 5.1.3 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!

Please show work/steps. Thank you! 5.1.3 Question Help D(x) is the price,

5.1.3 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. D(x) = (X -8)2, S(x) =x2 + 4x +4 (a) What are the coordinates of the equilibrium point? (Type an ordered pair.)

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