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Given: (x is number of items) Demand function: d(x) = - 3042 x Supply function: s(x) = 2x Find the equilibrium quantity: Find the producer
Given: (x is number of items) Demand function: d(x) = - 3042 x Supply function: s(x) = 2x Find the equilibrium quantity: Find the producer surplus at the equilibrium quantity: $ items
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