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​D(x) is the​ price, in dollars per​ unit, that consumers are willing to pay for x...

​D(x) is the​ price, in dollars per​ unit, that consumers are willing to pay for x units of an​ item, and​ S(x) is the​ price, in dollars per​ unit, that producers are willing to accept for x units. Find ​(a​) the equilibrium​ point, ​(b​) the consumer surplus at the equilibrium​ point, and ​(c​) the producer surplus at the equilibrium point.

D(x)=(x-5)^2

S(x)=x^2+4x+11

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milcah answered 2 years ago
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