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Given: (x is number of items) Demand function: d(x = 500 - 0.2x Supply function: s(a) = 0.6x Find the market demand (equilibrium quantity): 62
Given: (x is number of items) Demand function: d(x = 500 - 0.2x Supply function: s(a) = 0.6x Find the market demand (equilibrium quantity): 62 Find the consumers surplus at the market demand
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