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The demand curve is Qd(p) = 100 5p and the supply curve is Qs(p) = 5p. Show work with graph also. Calculate the market equilibrium.

The demand curve is Qd(p) = 100 5p and the supply curve is Qs(p) = 5p.

Show work with graph also. Calculate the market equilibrium. Also, calculate consumers surplus, producers surplus and total surplus.

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