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CONSUMERS AND PRODUCERS SURPLUS The demand for a product is q-f(p)=400-p2 And supply function is p =+5. determine consumers' surplus and producers' surplus when market

CONSUMERS AND PRODUCERS SURPLUS

The demand for a product is

q-f(p)=400-p2

And supply function is p =+5. determine consumers' surplus and producers' surplus when market equilibrium has been established.

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