Mathematics, 19.05.2021 20:20, kailey96

D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point. D(x)=5/6x+10, S(x)=1/3x+3

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D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item...