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$D(x)=740-20x$ is the price, in dollars per unit, that consumers are willing to pay for $x$ units of an item, and $S(x)=20025x$ is the price, in dollars per unit, that producers are willing to accept for $x$ units of an item. Find:

The equilibrium quantity: $$

The equilibrium price: $$

The consumer surplus at the equilibrium point: $$

The producer surplus at the equilibrium point: $$

Question Hetp:

Message instructor

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