A popular three-story dollhouse has a price-demand equation given by p= D(x)-173-0.9x and the price-supply equation is g
Posted: Tue Jul 05, 2022 10:01 am
A popular three-story dollhouse has a price-demand equation given by p= D(x)-173-0.9x and the price-supply equation is given by p-Stx)-0.14 123, where x is the number of houses demanded/supplied when the price is p dollars each. (Round your answers to the nearest cent if necessary) (a) Find the consumers' surplus for the dollhouses. $ (b) Find the producers' surplus for the dollhouses.