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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,
?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 equilibrium? point,
?(b?)
the consumer surplus at the equilibrium? point, and
?(c?)
the producer surplus at the equilibrium point.
d(x)=(x-7)^2 s(x)=x^2+4x+31
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