Question: The demand function for a product is D(x) = 64 -X2 and the supply function is S(x) = 3x2 Find the equilibrium point. Find the


The demand function for a product is D(x) = 64 -X2 and the supply function is S(x) = 3x2 Find the equilibrium point. Find the consumer's surplus. Include a graph with your answer. Find the producer's surplus. Include a graph with your answer. Continuous Money Flow. Find the total income in 8 years by a continuous money flow with a rate of f (t) = e0.06t and the present value in 8 years with r = 10%. Hint: You may need to look at the formulas in Section 13.4
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