Solve a Consumers or Producers Surplus Problem A sports watch has a price demand equation...
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Solve a Consumers or Producers Surplus Problem A sports watch has a price demand equation given by p D z 95 2 0 027076 dollars which gives the price per watch when z watches are demanded The price supply equation for the watch is given by p S x 0 9x 2 dollars which gives the price per watch when a watches are supplied If the equilibrium quantity is 44 find the consumers surplus and the producers surplus The consumers surplus is Your answer must begin with S The producers surplus is Your answer must begin with S
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