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(1 point) D05) is the price, in dollars per unit, that consumers are willing to pay forx units of an item, and S(x) is the
(1 point) D05) is the price, in dollars per unit, that consumers are willing to pay forx units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. D(x) = 0.8x + 14 and S(x) = 1.226 + 6. (A) Find the market equilibrium point (Q, P). (Q,P)=( iii , ) (B) Find consumer's surplus at the market equilibrium point. Consumer's surplus: =:= (C) Find the producer's surplus at the market equilibrium point. Producer's surplus: (Round to three decimal places as needed. (1 point) D(x) is the price, in dollars per unit, that consumers are willing to pay forx units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. D(x) = 7500 20x and S(x) = 6000 + 10x. (A) Find the market equilibrium point (Q, P). (Q, P)=( : . ) (B) Find consumer's surplus at the market equilibrium point. Consumer's surplus: E5! dollars (C) Find the producer's surplus at the market equilibrium point. Producer's surplus: EEE dollars (Round to three decimal places as needed.) (1 point) D05) is the price, in dollars per unit, that consumers are willing to pay forx units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. D(x) = 8000 20x and S(x) = 5900 + 102;. (A) Find the market equilibrium point (Q, P). (Q,P)=( 7 , l (B) Find consumer's surplus at the market equilibrium point. Consumer's surplus: ::: dollars (0) Find the producer's surplus at the market equilibrium point. Producer's surplus: EEE dollars (Round to three decimal places as needed.)
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