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How to calculate the Equilibrium price and the consumer surplus For a market characterized by these demand and supply functions: QD = 30-4p GS =

How to calculate the Equilibrium price and the consumer surplus

For a market characterized by these demand and supply functions: QD = 30-4p GS = 10+6p The market price in equilibrium is $ per unit, and the total consumer surplus is (Enter numbers, no symbols or units.)

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