Market supply and demand for ovens are given by p equals Upper S left parenthesis q right parenthesis equals 1750 plus 5 q and p equals Upper D left parenthesis q right parenthesis equals 2500 minus 10 q. The equilibrium price is $2000 per oven.
(a) Find the market surplus up to equilibrium using the integral definition.
(b) Verify the market surplus by calculating MSequalsCSplusPS.
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