Question

# The demand for a particular item is given by the demand function 1. D(x)=200−x^2 Find the...

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 of a unit \$5

The consumer's surplus is \$____

4.The supply for a particular item is given by the function S(x)=17+9x . Find the producer's surplus if the equilibrium price of a unit \$134

The producer's surplus is \$____

( no need to show work, just the answers thank you)

Answer #1

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