In this problem, p is in dollars and x is the number of units. The demand function for a certain product is p = 100 – x2 and the supply function isp = x² + 8x + 76. Find the equilibrium point. (х, р) %3D Find the consumer's surplus there. (Round your answer to the nearest cent.) $

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Author:R. David Gustafson, Jeff Hughes
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In this problem, p is in dollars and x is the number of units.
The demand function for a certain product is p = 100 – x² and the supply function is p = x² + 8x + 76. Find the equilibrium point.
(х, р) 3
Find the consumer's surplus there. (Round your answer to the nearest cent.)
$
Transcribed Image Text:In this problem, p is in dollars and x is the number of units. The demand function for a certain product is p = 100 – x² and the supply function is p = x² + 8x + 76. Find the equilibrium point. (х, р) 3 Find the consumer's surplus there. (Round your answer to the nearest cent.) $
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