Question
D(x) is the price, in dollars per unit, that consumers are willing to pay for x...
D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equilibrium point. D(x)=2000 - 10 x, S(x)=1400 +5 x
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D(x) is the price, in dollars per unit, that consumers are willing to pay for x...
D(x) is the price, in dollars per unit, that consumers are
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D(x) is the price, in dollars per unit, that consumers are willing to pay for x...
D(x) is the price, in dollars per unit, that consumers are
willing to pay for x units of an item, and S(x) is the price, in
dollars per unit, that producers are willing to accept for x
units. Find (a) the equilibrium point, (b) the consumer
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please help me im at the end of my rope
D(x) is the price, in dollars per unit, that consumers are willing to pay for x...
D(x) is the price, in dollars per unit, that consumers are
willing to pay for x units of an item, and S(x) is the price, in
dollars per unit, that producers are willing to accept for x
units. Find
(a)
the equilibrium point,
(b)
the consumer surplus at the equilibrium point, and
(c)
the producer surplus at the equilibrium point.
D(x)equals=left parenthesis x minus 9 right parenthesis
squared(x−9)2,
S(x)equals=x squared plus 6 x plus 33
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