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I need to determine consumer and producer surplus using the following tables: Eric's Value Kenji's Costs Value of first bottle:$10 Cost of first bottle $1

I need to determine consumer and producer surplus using the following tables:

Eric's Value Kenji's Costs

Value of first bottle:$10 Cost of first bottle $1

Value of second bottle:$7 Cost of second bottle $3

Value of third bottle:$3 Cost of third bottle $7

Value of fourth bottle:$1 Cost of fourth bottle $10

The following is their supply and demand schedules:

Price Quantity Supplied Quantity Demanded

More than $10 4 0

$7 to $10 3 1

$3 to $7 2 2

$1 to $3 1 3

$1 or less 0 4

Price Quantity Supplied Quantity Demanded

2 1? 7?

6 2? 2?

9 3? 1?

A price of $6 brings the supply and demand into equilibrium. (Is this correct?)

At the equilibrium price, the consumer surplus is $$$, producer surplus is $$$ and total surplus is $$$?

I don't know if my numbers with question marks above are correct or not. Those are items I need to answer. I also do not understand how to calculate the costs in the above sentence that have $$$ shown.

Thank you,

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