Question

In this problem, p, price, is in dollars and x is the number of units. The...

In this problem, p, price, is in dollars and x is the number of units.

The demand function for a product is

p = 206 − x2.

If the equilibrium price is $10 per unit, what is the consumer's surplus? (Round your answer to two decimal places.)

In this problem, p is in dollars and x is the number of units.

The demand function for a certain product is

p = 81 − x2 and the supply function is p = x2 + 6x + 45.

Find the equilibrium point and the consumer's surplus there. (Round your answer to two decimal places.)

(x, p) = (   )
$  
Math   Calculus   
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