The demand function for a certain grade of organic wheat is
p(x) = 750 - 0.002x^1.5
where x is measured in tons and p(x) is the Canadian market price. The current market price is $680. What is the consumer surplus for this grade of organic wheat? Question 3: A bank has been tracking the daily total value of the transactions
The Demand Function For A Certain Grade Of Organic Wheat Is P X 750 0 002x 1 5 Where X Is Measured In Tons And P X 1 (19.07 KiB) Viewed 26 times
Question 2: The demand function for a certain grade of organic wheat is p(x) = 750 0.002x¹.5 where x is measured in tons and p(x) is the Canadian market price. The current market price is $680. What is the consumer surplus for this grade of organic wheat?
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