Consider a market characterized by the following inverse demand and supply functions: PX = 10 - 2QX and PX = 2 + 2QX. Compute the surplus received by consumers and producers.
A. $2 and $6, respectively.
B. $24 and $24, respectively.
C. $6 and $2, respectively.
D. $4 and $4, respectively.
Answer: D
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