Question: Table 4-7 Demand Supply P = 60 - 2QD P = 15 + QS QD = 30 - 0.5P QS = P - 15 Refer

Table 4-7 Demand Supply P = 60 - 2QD P = 15 + QS QD = 30 - 0.5P QS = P - 15 Refer to Table 4-7. The equations above describe the demand and supply for Pauline's Pickled Pomegranates. The equilibrium price and quantity for Pauline's Pickled Pomegranates are $30 and 15 thousand units. What is the value of economic surplus in this market

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