Question

**1**. Determine the producer's surplus for the
given supply function and demand level x. (Round your answer to two
decimal places.) **s(x) = 0.07x2 + 30; x = 100**

**2.** The price-demand function *p* is
given. Write the demand function x = d(p).

**p = 500/x^2 + 60**

x= d(p) = _____.

Answer #1

1.Determine the producer's surplus for the given supply function
and demand level x. (Round your answer to two decimal places.)
s(x) = 0.07x2 + 20; x = 100
2. Determine the producer's surplus for the given supply
function s and demand level x.
s(x) = 1/3x + 55; x =
90

1. Find the consumer surplus for the given demand function and
sales level. (Round your answer to the nearest integer.)
p =
18,000e−0.03q, 49
$ 36.015 < ---- wrong answer
.
2. Find the consumer surplus for the given demand function and
sales level. (Round your answer to two decimal places.)
p = 60 − 3.7 square root q, 100
$ _______
.
3. A demand curve is given by p = 490/(q + 5). Find
the consumer surplus when the selling...

given the following supply and demand functions find the
consumer's surplus and producer's surplus.
s(x)= 0.09x2 d(x)=300-0.03x^2

The demand for a particular item is given by the demand
function
1. D(x)=200−x^2
Find the consumer's surplus if the equilibrium point
(Xe,Pe)=(5,175) Round to the nearest cent.
$____
2. The demand for a particular item is given by the function
D(x)=1,350−3x^2. Find the consumer's surplus if the equilibrium
price of a unit $150
The consumer's surplus is $___
3. The demand for a particular item is given by the function
D(x)=120/x+6. Find the consumer's surplus if the equilibrium price...

Consumers' Surplus The demand function for a
certain make of replacement cartridges for a water purifier is
given by the following equation where p is the unit price in
dollars and x is the quantity demanded each week, measured in units
of a thousand.
p = −0.01x^2 − 0.2x + 30
Determine the consumers' surplus if the market price is set at
$6/cartridge. (Round your answer to two decimal places.)

For a quantity x of a certain product the demand function d(x)
and the supply function s(x) are given by the formulas: d(x) = 720
− 0.06x^2, s(x) = 0.012x^2.
Sketch the graphs of these functions on the same graph and find
the market demand, the positive quantity x at which the two curves
meet (supply equals demand).
For this value of x also compute the producer surplus and the
consumer surplus and indicate on your graph which areas these...

1. In this problem, p and C are in dollars and
x is the number of units.
A monopoly has a total cost function
C = 1000 + 216x + 0x2 for
its product, which has demand function p = 648 ?
3x ? 2x2.
Find the consumer's surplus at the point where the monopoly has
maximum profit. (Round your answer to the nearest cent.)
2. In this problem, p is in dollars and x is
the number of units....

The demand function for a certain brand of CD is given by
p = −0.01x2 −
0.1x + 36
where p is the wholesale unit price in dollars and
x is the quantity demanded each week, measured in units of
a thousand. Determine the consumers' surplus if the market price is
set at $6/disc. (Round your answer to two decimal places.)

The demand function for a certain make of replacement cartridges
for a water purifier is given by the following equation where p is
the unit price in dollars and x is the quantity demanded each week,
measured in units of a thousand. p = -0.01x^2 - 0.1 x + 48
Determine the consumers' surplus if the market price is set at
$6/cartridge. (Round your answer to two decimal places.)

Find the producers' surplus for a product if the supply function
is given by S(x)=0.19e0.1xS(x)=0.19e0.1x and xE=6xE=6 units. Round
your answer to the nearest cent.

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 9 minutes ago

asked 40 minutes ago

asked 56 minutes ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago