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30 The demand equation for a product is p = 50 - % and the supply equation is p = 10 In (q + 30)
30 The demand equation for a product is p = 50 - % and the supply equation is p = 10 In (q + 30) - 25. Determine the consumers' surplus and the producers' surplus under q + 3600 market equilibrium. Round your answers to the nearest integer. The consumers' surplus of the demand equation is approximately (Round the nal answer to the nearest whole number as needed. Round all intermediate values to the nearest thousandth as needed.)
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