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Mathematics, 18.12.2019 20:31 jby
The demand function for a certain brand of cd is given by p = −0.01x2 − 0.2x + 20 where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. the supply function is given by p = 0.01x2 + 1.1x + 5 where p is the unit price in dollars and x stands for the quantity that will be made available in the market by the supplier, measured in units of a thousand. determine the producers' surplus if the market price is set at the equilibrium price. (round your answer to the nearest dollar.) $ 62 incorrect: your answer is incorrect.
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The demand function for a certain brand of cd is given by p = −0.01x2 − 0.2x + 20 where p is the uni...
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