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Q9 (1 point) Suppose that market demand is described by function: Qd = 1000 - 20P, and market supply is described by function Qs =

Q9 (1 point) Suppose that market demand is described by function: Qd = 1000 - 20P, and market supply is described by function Qs = 30P. What is the consumer surplus at market equilibrium? Numerical answer Q10 (1 point) Suppose that market demand is described by function: Qa = 1000 - 20P, and market supply is described by function Qs = 30P. What is the producer surplus when the market is in equilibrium? Numerical

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