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  3. demand for propane is given by d(x) = 6.5 ? 0.25x,

Demand for propane is given by D(x) = 6.5 ? 0.25x, and supply is given by...

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Advance Math

Demand for propane is given by D(x) = 6.5 ? 0.25x, and supply isgiven by S(x) = 2.1 + 0.15x, where x is in gallons per monthcustomer and D(x) and S(x) are dollars per gallon. Find thefollowings:   

(c) Assume a price ceiling of $3 per gallon of propane isimposed. Find the point (Xc, Pc)   

(d) Find the new producer surplus and the new consumer surplusat (Xc, Pc).

(e) Find the deadweight loss.

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