(b) Find the producer surplus if the center sells Beth 2 jumps. $ 30.00 (c) Find the equilibrium point. (3, $140) (d) Explain what the equilibrium point represents to both Beth and Aero Skydiving Center. To Both Beth and Aero Skydiving the equilibrium point represents a perfect price for the quantity a win-win for both consumer purchased. It is and producer. 7 (b) / dx - 2 +C 1. Use the Fundamental Theorem of Calculus to solve the following: (a) (x³ + 1) dx 27 4 (b) fo e3x dx 3 - (3-x) (³JE) x+ E +(SAN) P = 2. Beth enjoys skydiving and is willing to pay p dollars per jump for x jumps, where D(x) = 7.5x260.5x + 254. Suppose the supply function for Aero Skydiving Center is given by p = S(x) = 15x + 95. Use these functions to answer the following questions. bodo gniwollo pa to so (a) Find Beth's consumer surplus if she makes 2 jumps. $81.00 6
(b) Find the producer surplus if the center sells Beth 2 jumps. $ 30.00 (c) Find the equilibrium point. (3, $140) (d) Explain what the equilibrium point represents to both Beth and Aero Skydiving Center. To Both Beth and Aero Skydiving the equilibrium point represents a perfect price for the quantity a win-win for both consumer purchased. It is and producer. 7 (b) / dx - 2 +C 1. Use the Fundamental Theorem of Calculus to solve the following: (a) (x³ + 1) dx 27 4 (b) fo e3x dx 3 - (3-x) (³JE) x+ E +(SAN) P = 2. Beth enjoys skydiving and is willing to pay p dollars per jump for x jumps, where D(x) = 7.5x260.5x + 254. Suppose the supply function for Aero Skydiving Center is given by p = S(x) = 15x + 95. Use these functions to answer the following questions. bodo gniwollo pa to so (a) Find Beth's consumer surplus if she makes 2 jumps. $81.00 6
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter3: Polynomial And Rational Functions
Section3.CT: Chapter Test
Problem 1CT
Related questions
Question

Transcribed Image Text:(b) Find the producer surplus if the center sells Beth 2 jumps.
$ 30.00
(c) Find the equilibrium point.
(3, $140)
(d) Explain what the equilibrium point represents to both Beth and Aero Skydiving
Center.
To Both Beth and Aero Skydiving the equilibrium
point represents
a
perfect price for the quantity
a
win-win for both consumer
purchased. It is
and
producer.
7

Transcribed Image Text:(b) /
dx
-
2 +C
1. Use the Fundamental Theorem of Calculus to solve the following:
(a)
(x³ + 1) dx
27
4
(b) fo
e3x dx
3
-
(3-x) (³JE)
x+
E
+(SAN)
P =
2. Beth enjoys skydiving and is willing to pay p dollars per jump for x jumps, where
D(x) = 7.5x260.5x + 254. Suppose the supply function for Aero Skydiving
Center is given by p = S(x) = 15x + 95. Use these functions to answer the following
questions.
bodo gniwollo pa to so
(a) Find Beth's consumer surplus if she makes 2 jumps.
$81.00
6
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