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2 questions. question 5 goes with question 4 (4) A national study of U.S. colleges results in a demand equation q=2g0002p where of is the

2 questions. question 5 goes with question 4
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(4) A national study of U.S. colleges results in a demand equation q=2g0002p where of is the enrollment at a public college or university and p is the average annual tuition (plus fees) it charges. Officials at EsU have developed a policy to guide the number of students it will accept at a tuition level of p dollors. It is summarized in the equation q=7,500+0.5p. Find the consumers surplus at the equilibrium tuition price p. (NOTE: you will need to find the equilibrium price before you can answer this question.) (5) Using the information in problem $4, find the producers surplus at the equilibrium tuition price p. 4 paints

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