7. PRODUCERS' SurPLUs The manufacturer of the brand of mat- tresses of Exercise 6 will make x hundred units available in the market when the unit price is p = 100 + 80e005. dollars. a. Find the number of mattresses the manufacturer will make available in the market place if the unit price is set at $250/mattress. b. Use the result of part (a) to find the producers' surplus if the unit price is set at $250/mattress.
7. PRODUCERS' SurPLUs The manufacturer of the brand of mat- tresses of Exercise 6 will make x hundred units available in the market when the unit price is p = 100 + 80e005. dollars. a. Find the number of mattresses the manufacturer will make available in the market place if the unit price is set at $250/mattress. b. Use the result of part (a) to find the producers' surplus if the unit price is set at $250/mattress.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 13T
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