Find the consumer and producer surpluses (in dollars) by using the demand and supply functions, where p is the price (in dollars) and x is the number of units (in millions). See Example 5....


Find the consumer and producer surpluses (in dollars) by using the demand and supply functions, wherep is the price (in dollars) andx is the number of units (in millions). See Example 5.














Demand FunctionSupply Function
p = 200 − 0.2xp = 100 + 1.8x




Jun 10, 2022
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