Concept explainers
Economic: supply and demand. Demand and supply functions are given by
where p is the price per unit, in dollars, when x units are sold. Find the equilibrium point and the consumer’s surplus.
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Calculus and Its Applications (11th Edition)
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- Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage