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Refer to the figure below. So Tprice 45 * 40 + 35 - 30 - 25 20 15 + 10 100 200 300 400 500
Refer to the figure below. So Tprice 45 * 40 + 35 - 30 - 25 20 15 + 10 100 200 300 400 500 600 700 800 quantity a. (4 points) Find the equilibrium price. b. (4 points) Find the equilibrium quantity. c. (4 points) Compute the consumer surplus at the equilibrium. hints) Compute the producer surplus at the equilibrium15 10 s + D 100 200 300 400 500 600 700 800 quantity a. (4 points) Find the equilibrium price. b. (4 points) Find the equilibrium quantity. c. (4 points) Compute the consumer surplus at the equilibrium. d. (4 points) Compute the producer surplus at the equilibrium. e. (2 points) Compute the total surplus at the equilibrium
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