Question: Thank you for your help 1. For a certain commodity, the Demand function is given be S(x) = 4 + 2x2 and the Supply function

 Thank you for your help 1. For a certain commodity, the

Thank you for your help

Demand function is given be S(x) = 4 + 2x2 and the

1. For a certain commodity, the Demand function is given be S(x) = 4 + 2x2 and the Supply function is given by D(x) = 20 - 4x a) Determine the equilibrium point. b) Write the integral to determine the Producer Surplus at equilibrium. Do not solve c) Write the integral to determine the Consumer Surplus at equilibrium. Do not solve

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