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Using the following supply and demand schedule, calculate consumer and producer surplus. Who benefits more at the equilibrium conditions? [6 points] Price Qd Qs $1

Using the following supply and demand schedule, calculate consumer and producer surplus. Who benefits more at the equilibrium conditions? [6 points]

Price	Qd	Qs
$1	440	110
2	420	240
3	400	370
4	380	500
5	360	630
6	340	760
7	320	890
8	300	1020

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