Suppose that the demand curve for brown rice is given by 50,000 - 3Q² and supply is P = -10,000 + 3Q².
a. Find the equilibrium price and quantity.
b. Calculate the consumer surplus at the equilibrium price.
c. Calculate the producer surplus at the equilibrium price.

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The Answer of Suppose that the demand curve for brown rice is given by 50,000 - 3Q² and supply is P = -10,000 + 3Q². a. Find the equilibrium price and quantity. b. Calculate the consumer surplus at the equilibrium price. c. Calculate the producer surplus at the equilibrium price.

Suppose That the Demand Curve for Brown Rice Is Given