Solution-Determine the consumers surplus if market price is

Determine the consumers surplus if market price is given

Reference no: EM131629724

Question: The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit price in dollars and x is the quantity demanded each week, p = -0.01x² - 0.3x + 12. Determine the consumers' surplus if the market price is set at $8/cartridge. (Round your answer to two decimal places.)

Reference no: EM131629724

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Determine the consumers surplus if market price is given

Reference no: EM131629724

Reference no: EM131629724

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