The demand for a particular item is given by the function D (x) = 1,450 - 3x². Find the consumer's surplus if the equilibrium price of a unit $250.
The demand for a particular item is given by the function D (x) = 1,450 - 3x². Find the consumer's surplus if the equilibrium price of a unit $250.
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
Question
Transcribed Image Text:The demand for a particular item is given by the function D (x) = 1,450 - 3x². Find the consumer's
surplus if the equilibrium price of a unit $250.
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