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D(x) = 34 x is the price, in dollars per unit, - that consumers are willing to pay for x units of an item, and S(x)=√x +
Posted: Sun Jun 05, 2022 8:05 pm
by answerhappygod
- D X 34 X Is The Price In Dollars Per Unit That Consumers Are Willing To Pay For X Units Of An Item And S X X 1 (49.12 KiB) Viewed 54 times
D(x) = 34 x is the price, in dollars per unit, - that consumers are willing to pay for x units of an item, and S(x)=√x + 8 is the price, in dollars per unit, that producers are willing to accept for x units of an item. Find: The equilibrium quantity: The equilibrium price: The consumer surplus at the equilibrium point: The producer surplus at the equilibrium point: