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The demand and supply functions for Penn State ice hockey jerseys are: p = d(x) = -5x- - 11x + 500 p = s(x) =

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The demand and supply functions for Penn State ice hockey jerseys are: p = d(x) = -5x- - 11x + 500 p = s(x) = x2+ x + 20 where x is the number of hundreds of jerseys and p is the price in dollars. (a) Find the equilibrium quantity. Equilibrium quantity, x = CO , which corresponds to 800 jerseys. (b) Compute the total surplus at the equilibrium point. Total surplus dollars Submit

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