A what is the market equilibrium b calculate the consumer
Consider the demand function to be qd = 100 - 5P and the supply function to be qs = 5P.
(a) What is the market equilibrium
(b) Calculate the consumer and producer surplus at the market equilibrium. What is the total surplus?
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consider the demand function to be qdnbsp 100 - 5p and the supply function to be qsnbsp 5pa what is the market
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