Compute the consumer surplus with D(q) the demand curve and S(q) be the supply curve, both defined below where A A = 78. D(q) = 9+1 ,S(a) = 1/2 · q

Given: (x is number of items) Demand function: d(x) = 200 – 0.3x Supply function: s(x) = 0.5x Find the equilibrium quantity: Find the consumers surplus at the equilibrium quantity:

Find the Consumer Surplus and the Producer Surplus at the equilibrium price if the price-demand (D(x)) and the price-supply (S(x)) functions are as follows: D(x)=600 0.07x S(x) = 100+ 0.03x

Find producer's surplus at the market equilibrium point if supply function is p=3x+3 and the demand function is p = 100.8/(x+15)

Suppose the demand function for a product is given by 5. producer's/ Consumer's surplus: p= 64-x2 and the supply function is given by p x2 + 2x + 24 where p is the unit price and x is the number of units. a) Find the equilibrium point (x,p) b) Compute the producer's surplus at market equilibrium. c) Compute the consumer's surplus at market equilibrium.

The demand and supply functions for two independent goods are given by: QD₁ = 502P₁ + P₂ and QD2 = 10 + P₁ - 4P₂ Qs1 = -21 + P₁ and Qs2 = -10 + 5P₂ Show that in equilibrium: R=2 Find the equilibrium prices.