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The demand curve of a perfectly competitive product is described by the equation:     P =...

The demand curve of a perfectly competitive product is described by the equation:
    P = $1000 – Q    where Q = thousands
The supply curve is given by
    P = $100 + 2Q     where Q = thousands
Graph the demand and supply curves; use a grid size of 100. Calculate the equilibrium price and quantity (carefully state the units).  Find the consumer surplus CS, the producer surplus PS, and the deadweight loss DWL, carefully stating the units.

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