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Suppose the quantity demanded of good X(Qd) depend only on the price of good X(P), monthly income (M), and the price of a related good

Suppose the quantity demanded of good X(Qd) depend only on the price of good X(P), monthly income (M), and the price of a related good R(Pr):

Qd= 30,500- 1,000P + .25M+5Pr

Qs= -10,000 + 2,000/3 P

Total consumer surplus in equilibrium is__ Total producer surplus in equilibrium is_ THe net gain to society created by the market for good X is__

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