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Consider the inverse demand curve: P = 256 - 02, and the inverse supply curve: P = 302. Calculate consumer surplus and producer surplus at
Consider the inverse demand curve: P = 256 - 02, and the inverse supply curve: P = 302. Calculate consumer surplus and producer surplus at the equilibrium. Consumer surplus (CS) is $|:|. (Enter your response rounded to two declmal places.) Producer surplus (P8) is $|:|. (Enter your response rounded to two declmal places.)
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