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Given: (x is number of items) Demand function: d(x) - 500 - 0.5x Supply function: s(x) = 0.3x Find the equilibrium quantity: Find the consumers

Given: (x is number of items) Demand function: d(x) - 500 - 0.5x Supply function: s(x) = 0.3x Find the equilibrium quantity: Find the consumers surplus at the equilibrium quantity: Check

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