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HW 33 - Consumer Producer Surplus Section 5.6: Problem 2 (1 point) D(m) is the price, in dollars per unit, that consumers are willing to
HW 33 - Consumer Producer Surplus Section 5.6: Problem 2 (1 point) D(m) is the price, in dollars per unit, that consumers are willing to pay for m units of an item, and S(:I:) is the price, in dollars per unit, that producers are willing to accept for :1: units. D(m) : 7500 40m and 8(2)) : 3300 + 20cc. (A) Find the market equilibrium point (Q, P). (Q, P)=([:].[j) (B) Find consumer's surplus at the market equilibrium point. Consumer's surplus: [3 dollars (C) Find the producer's surplus at the market equilibrium point. Producer's surplus: C] dollars (Round to three decimal places as needed.)
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