Question

1. Find the equilibrium point for a product D(x)=36−0.004x^2 and S(x)=0.005x^2 Round only final answers to...

1. Find the equilibrium point for a product D(x)=36−0.004x^2 and S(x)=0.005x^2 Round only final answers to 22 decimal places.

The equilibrium point (Xe,Pe) is (_,_)

2. Find the consumer's and producer's surplus if for a product D(x)=25−0.008x^2 and S(x)=0.008x^2 Round only final answers to 22 decimal places.

The consumer's surplus is $_, and the producer's surplus is $_

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