The supply and demand curves for playing cards is given by, Business Economics

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The supply and demand curves for playing cards is given by

The supply and demand curves for playing cards is given by: QD = 20 – P QS = 5 + 2P a. Solve for the equilibrium price and quantity using the graph paper provided. b. Solve for the equilibrium price and quantity, algebraically. c. Calculate the consumer and producer surplus.

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