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Consumers' and Producers' Surplus The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is

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Consumers' and Producers' Surplus The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation p = 172 - x where p is measured in dollars and x is measured in units of a thousand. Titan will make x units of the tires available in the market if the unit price is p = 76 + dollars. Determine the consumers' surplus and the producers' surplus when the market unit price is set at the equilibrium price. (Round your answers to the nearest dollar.) consumer's surplus producer's surplus $ $ x Nood Holp

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