7. [0/1 Points] DETAILS PREVIOUS ANSWERS TAMUBUSCALC1 4.6.007. 3/6 Submissions Used MY NOTES (b) Find consumers' surplus
Posted: Tue Jul 05, 2022 10:06 am
7. [0/1 Points] DETAILS PREVIOUS ANSWERS TAMUBUSCALC1 4.6.007. 3/6 Submissions Used MY NOTES (b) Find consumers' surplus if the equilibrium price is 23 dollars. (Round your answer to the nearest cent if necessary.) $19.8 X ASK YOUR TEACHER A particular commodity has a price-demand equation given by p = √24,099 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 50 pounds. (Round your answer to the nearest cent if necessary.) $168134.8 X