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Homework answers / question archive / The demand curve for a product is given by q=160−2p, and the supply curve is given by q=3p−45

The demand curve for a product is given by q=160−2p, and the supply curve is given by q=3p−45

Economics

The demand curve for a product is given by q=160−2p, and the supply curve is given by q=3p−45.

A. Find the consumer surplus at the equilibrium.

B. Find the producer surplus at the equilibrium.

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