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.) $
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.) $
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.CR: Chapter Review
Problem 70E: A company manufactures two fertilizers, x and y. Each 50-pound bag of fertilizer requires three...
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