Please answer in complete solutions: Find the equilibrium price pand the equilibrium quantity x given that a.) the consumer's surplus is 1000.00 euros for the price-demand function D(x)= 20 - 0.05x . b.) the producer's surplus is 100.00 dollars for the price-supply function S(x) = 2x + 2.

Please answer in complete solutions: Find the equilibrium price pand the equilibrium quantity x given that a.) the consumer's surplus is 1000.00 euros for the price-demand function D(x)= 20 - 0.05x . b.) the producer's surplus is 100.00 dollars for the price-supply function S(x) = 2x + 2.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Looking for a fourth person to answer this cause I’ve asked 3 people and all their final answers are different lol

Please answer in complete solutions:
Find the equilibrium price p and the equilibrium
quantity x given that
a.) the consumer's surplus is 1000.00 euros for the
price-demand function D(x)= 20 - 0.05x .
b.) the producer's surplus is 100.00 dollars for the
price-supply function S(x) = 2x + 2.

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