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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,

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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 equrllbrlum point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point. 5 1 000: - E)" 17, S(x)=x+3 1_\ 1-2-4 u._ A_t.:m__:..__ _-:A

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