Chapter 5 Quiz - Google Chrome X mylab.pearson.com/Student/PlayerTest.aspx?testld=246610349¢erwin=yes MAT 210 - Bo - Fall 2022 Jackie Bender 11/28/22 12:25 PM Quiz: Chapter 5 Quiz This quiz: 7 point(s) possible This question: 1 point(s) possible Resume later Submit quiz Question list K D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point. D(x) = 4000 - 30x, S(X) = 1550 + 5x Question 1 (a) What are the coordinates of the equilibrium point? O Question 2 (Type an ordered pair.) (b) What is the consumer surplus at the equilibrium point? Question 3 $(Round to the nearest cent as needed.) (c) What is the producer surplus at the equilibrium point? O Question 4 $(Round to the nearest cent as needed.) O Question 5 O Question 6 Question 7 Next Type here to search G w P 58OF 11:25 AM 11/28/2022 73