Find the equilibrium price and quantity

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Reference no: EM132128600

Suppose that the demand curve for a businesses is given

by P= 10000-4Q^3 and supply is P= 2000 + 4Q^3

a. Find the equilibrium price and quantity

b. Calculate consumer surplus at the equilibrium price

c. Calculate producer surplus at the equilibrium price

Reference no: EM132128600

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