Assume that demand for microeconomics textbooks at gsu is

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Reference no: EM13451998

Suppose that the demand for Microeconomics textbooks at GSU is given by

Qd = 10000 - 25P

and that the supply of Microeconomic textbooks is given by

Qs = 75P

a) Derive both consumer and producer surplus for this market.

Reference no: EM13451998

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