The demand for a particular item is given by the function D (x) = 2,000 - 3x². Find the consumer's surplus if the equilibrium price of a unit $125. The consumer's surplus is $
The demand for a particular item is given by the function D (x) = 2,000 - 3x². Find the consumer's surplus if the equilibrium price of a unit $125. The consumer's surplus is $
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.5: Linear Functions And Models
Problem 5E
Question
Transcribed Image Text:The demand for a particular item is given by the function D (x) = 2,000 - 3x². Find the consumer's
surplus if the equilibrium price of a unit $125.
The consumer's surplus is $
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