D Question 34 15 pts For the price-demand function, p = D(x) = 55 - 0.3x, and

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D Question 34 15 pts For the price-demand function, p = D(x) = 55 - 0.3x, and the price-supply function, p = S(x) = 10 + 0.15x, find the following. Round all values to the nearest integer if necessary. A. Find the equilibrium point algebraically. (5pts) B. Sketch the graphs of the price-demand and the price-supply functions on the same x-axis that shows the equilibrium point. (5pts) C. Find the consumers' surplus and producers' surplus. (5pts) Upload Choose a File

Posted Date: Jun 10, 2024 09:57 AM

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D Question 34 15 pts For the price-demand function, p = D(x) = 55 - 0.3x, and

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