Find the consumer's surplus and the producers' surplusat the equilibrium level. Include a graph that identifiesthe consumer's surplus and the producers' surplus.Round all values to the nearest integer.Given the following price-demand and price-supplyequations:p = D (z) = 41 – 0.05x ; p = S (x) = 11+0.05xa. Identify the correct graph that shows the consumers'surplus, shaded silver, and the producers' surplus,shaded blue.A20Answer:The value of æ at equilibrium isThe value of p at equilibrium is $The consumers' surplus at equilibrium is : $The producers' surplus at equilibrium is : $B.

Consumer surplus(CS) is the difference between the P(price) which the buyer is willing to pay and…

Find the consumer's surplus and the producers' surplus at the equilibrium level. Include a graph that identifies the consumer's surplus and the producers' surplus. Round all values to the nearest integer. Given the following price-demand and price-supply equations: p = D(z) = 41 – 0.05x ; p = 8(2) = 11 + 0.05r a. Identify the correct graph that shows the consumers' surplus, shaded silver, and the producers' surplus, shaded blue. A 20 Answer: The value of æ at equilibrium is The value of p at equilibrium is $ The consumers' surplus at equilibrium is : $ The producers' surplus at equilibrium is : $