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Find the equilibrium price and quantity

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Reference no: EM131063713

The demand curve is given by the equation QD = 100 - 4p and the supply curve by QS = 6p

  • Find the equilibrium price and quantity.
  • Find the consumer surplus if price is equal to the equilibrium price.
  • Find the producer surplus if price is equal to the equilibrium price.

Reference no: EM131063713

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