Find the consumer's and producer's surplus if for a product D(x) = 16 – 0.006x² and S(æ) = 0.003x² . Round only final answers to 2 decimal places. The consumer's surplus is $ , and the producer's surplus is $

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section: Chapter Questions
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Find the consumer's and producer's surplus if for a product D(x) = 16 – 0.006x² and S(æ) = 0.003x² . Round
only final answers to 2 decimal places.
The consumer's surplus is $
, and the producer's surplus is $
Transcribed Image Text:Find the consumer's and producer's surplus if for a product D(x) = 16 – 0.006x² and S(æ) = 0.003x² . Round only final answers to 2 decimal places. The consumer's surplus is $ , and the producer's surplus is $
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