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Mathematics, 19.12.2019 00:31 zanestone12

The quantity demanded x (in units of a hundred) of the mikado miniature cameras per week is related to the unit price p (in dollars) by p = −0.2x2 + 220 and the quantity x (in units of a hundred) that the supplier is willing to make available in the market is related to the unit price p (in dollars) by p = 0.1x2 + 8x + 110. if the market price is set at the equilibrium price, find the consumers' surplus and the producers' surplus. (round your answers to the nearest dollar.

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