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The demand for ice cream is given by QD=10 p, measured in quarts of ice cream. The supply of ice cream is given by QS=2p5.

The demand for ice cream is given by QD=10 p, measured in quarts of ice cream. The supply of ice cream is given by QS=2p5. The price however has been fixed arbitrarily at p = 8

a) Find the Quantity sold if the price were fixed at p=8 b) Find the producer's surplus if the price were fixed at p=8

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