Given: (x is number of items) 3125 Demand function: d(x) = Supply function: s(x) = 5,/¤ Find the equilibrium quantity: items Find the producer surplus at the equilibrium quantity: $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.9: Combining Functions
Problem 50HP
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Given:(x is number of items)
Given: (x is number of items)
3125
Demand function: d(x) =
Væ
Supply function: s(x) = 5,/¤
Find the equilibrium quantity:
items
Find the producer surplus at the equilibrium quantity: $
Transcribed Image Text:Given: (x is number of items) 3125 Demand function: d(x) = Væ Supply function: s(x) = 5,/¤ Find the equilibrium quantity: items Find the producer surplus at the equilibrium quantity: $
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