A particular commodity has a price-demand equation given by p = 18,444 417x, where x is the amount in pounds of the comm
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A particular commodity has a price-demand equation given by p = 18,444 417x, where x is the amount in pounds of the comm
A particular commodity has a price-demand equation given by p = 18,444 417x, where x is the amount in pounds of the commodity demanded when the price is p dollars per pound. (a) Find consumers' surplus if the equilibrium quantity is 40 pounds. (Round your answer to the nearest cent if necessary.) $ (b) Find consumers' surplus if the equilibrium price is 19 dollars. (Round your answer to the nearest cent if necessary.) $
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