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Given: ( x is number of items) Demand function:d(x)=627.20.3x^2 Supply function:s(x)=0.5x^2 Find the equilibrium quantity:________________ Find the consumers surplus at the equilibrium quantity:__________________
Given: (xis number of items)
Demand function:d(x)=627.20.3x^2
Supply function:s(x)=0.5x^2
Find the equilibrium quantity:________________
Find the consumers surplus at the equilibrium quantity:__________________
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