I need help with the last two questions
Assume that the demand curve D(p) given below is the market demand for widgets
D(p) = 1447 -12p,p>0
let the market supply of widgets be given by
Q= S(p) = -5 + 10p, p>0
where p is the price and q is the quantity. the functions D(p) and D(p) give the number of widgets demanded and supplied at a given price.
Q-D-147-1
Q-550
R
Weiter
Q:
Q:
F
V
5
T
G
****
primus sapka s
9
ply
Y
H
.
7
B N
n
#
8
M
11
9
K
O
O
L
peng
464
P
A pont
t
i pot
3. what is the consumer surplus at equilibrium
round the intercept to the nearest tenth and round your answer to the nearest interger
4. what is the producer surplus at equilibrium
round the intercept to the nearest tenth and round your answer to the nearest interger