Given that the demand and supply functions are p = D(x ) = -4x + 84 and p = S(x) = x2 + 3x +
Given that the demand and supply functions are p = D(x ) = -4x + 84 and p = S(x) = x2 + 3x + 40, respectively. Assume that the market price is set at the equilibrium price. Answer the following two questions. (1) Find the consumer's surplus (CS). Put the answer in the first box. Round the answers to 2 decimal places. (2) Find the producer's surplus (PS). Put the answer in the second box. Round the answers to 2 decimal places
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