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Suppose the demand curve is given by Qd=75-5P and the supply curve is given by Qs=P-3....

Suppose the demand curve is given by Qd=75-5P and the supply curve is given by Qs=P-3. SHOW YOUR WORK in the space below (type it out, line by line), and solve for the equilibrium price, the equilibrium quantity, the consumer surplus, the producer surplus, and the total surplus.

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