(Answered) From the following equations for the supply and demand

Economics

From the following equations for the supply and demand curve

Demand Qd= -1/2P+14

Supply: Qs=4/3P+8/3

Graph supply and demand
Mark the point where equilibrium occurs
Mark the prices where quantity supplied and quantity demanded are zero (2 separate points)
Calculate consumer, producer and total surplus.

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Business Economics, Economics

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