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13 Nov 2019
s 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 D(x) is the price, in dollars per unit, that c 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)2 S)x2+2x+17 (a) What are the coordinates of the equilibrium point? LI (Type an ordered pair.) (b) What is the consumer surplus at the equilibrium point? (Round to the nearest cent as needed) (c) What is the producer surplus at the equilibrium point? (Round to the nearest cent as needed)
s 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 D(x) is the price, in dollars per unit, that c 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)2 S)x2+2x+17 (a) What are the coordinates of the equilibrium point? LI (Type an ordered pair.) (b) What is the consumer surplus at the equilibrium point? (Round to the nearest cent as needed) (c) What is the producer surplus at the equilibrium point? (Round to the nearest cent as needed)
Irving HeathcoteLv2
11 Feb 2019