Consumers' Surplus The demand function for a certain brand of CD is given by -0.01x²-0.1x + 15 where p is the wholesale

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Consumers' Surplus The demand function for a certain brand of CD is given by -0.01x²-0.1x + 15 where p is the wholesale

Post by answerhappygod »

Consumers Surplus The Demand Function For A Certain Brand Of Cd Is Given By 0 01x 0 1x 15 Where P Is The Wholesale 1
Consumers Surplus The Demand Function For A Certain Brand Of Cd Is Given By 0 01x 0 1x 15 Where P Is The Wholesale 1 (6.95 KiB) Viewed 40 times
Consumers' Surplus The demand function for a certain brand of CD is given by -0.01x²-0.1x + 15 where p is the wholesale unit price in dollars and is the quantity demanded each week, measured in units of a thousand. Determine the consumers' surplus (in dollars) if the market price is set at $9/disc. (Round your answer to two decimal places)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”