4. A) Given the demand function Pd-D339 - 3q² and supply function Ps=(3q + 3)2 | Find the equilibrium quantity and price first and then find the consumer surplus. (Hint: at equilibrium supply3Ddemand) B) Marginal Revenue MR=42-2Q-Q? Find total revenue and average revenue AR when C=25 c) Rate of net investment = 120t4 find the total investment K when Ko=35.
4. A) Given the demand function Pd-D339 - 3q² and supply function Ps=(3q + 3)2 | Find the equilibrium quantity and price first and then find the consumer surplus. (Hint: at equilibrium supply3Ddemand) B) Marginal Revenue MR=42-2Q-Q? Find total revenue and average revenue AR when C=25 c) Rate of net investment = 120t4 find the total investment K when Ko=35.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![4. A) Given the demand function Pd=339 – 3q² and supply function Ps=(3q + 3)2
Find the equilibrium quantity and price first and then find the consumer surplus. (Hint: at
equilibrium supply3Ddemand)
B) Marginal Revenue MR=42-2Q-Q2
Find total revenue and average revenue AR when C=25
3
c) Rate of net investment = 120t4 find the total investment K when Ko=35.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1f58fc6-b4aa-48de-92ad-fbdabc646533%2Fb7bfd7bd-ae39-4503-88c5-e21755d011cd%2Fg63077c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:4. A) Given the demand function Pd=339 – 3q² and supply function Ps=(3q + 3)2
Find the equilibrium quantity and price first and then find the consumer surplus. (Hint: at
equilibrium supply3Ddemand)
B) Marginal Revenue MR=42-2Q-Q2
Find total revenue and average revenue AR when C=25
3
c) Rate of net investment = 120t4 find the total investment K when Ko=35.
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