Find the consumer's surplus and the producers' surplus at the equilibrium level. Include a graph that identifies the consumer's surplus and the producers' surplus, Round all values to the nearest integer. Given the following price-demand and price-supply equations: p = D (x) = 41 - 0.05x p = S (x) = 11+0.05z a. Identify the correct graph that shows the consumers' surplus, shaded silver, and the producers' surplus, shaded blue. A Ap 50- Ap 50- 50- 50- 26- 26- 26- 26- X 0- 0. 300 500 300 500 300 500 300 500 nswer: The value of a at equilibrium is The value of p at equilibrium is $ The consumers' surplus at equilibrium is : $ The producers' surplus at equilibrium is : $

Find the consumer's surplus and the producers' surplus at the equilibrium level. Include a graph that identifies the consumer's surplus and the producers' surplus, Round all values to the nearest integer. Given the following price-demand and price-supply equations: p = D (x) = 41 - 0.05x p = S (x) = 11+0.05z a. Identify the correct graph that shows the consumers' surplus, shaded silver, and the producers' surplus, shaded blue. A Ap 50- Ap 50- 50- 50- 26- 26- 26- 26- X 0- 0. 300 500 300 500 300 500 300 500 nswer: The value of a at equilibrium is The value of p at equilibrium is $ The consumers' surplus at equilibrium is : $ The producers' surplus at equilibrium is : $

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.

Question

Find the consumer's surplus and the producers' surplus at the equilibrium level. Include a graph that identifies the consumer's surplus and the producers' surplus. Round
all values to the nearest integer.
Given the following price-demand and price-supply equations:
p = D (z) = 41 – 0.05x
p = S (x) = 11 + 0.05
a. Identify the correct graph that shows the consumers' surplus, shaded silver, and the producers' surplus, shaded blue.
A
Ap
50-
Ap
50-
AP
50-
AP
50-
26-
26-
26-
26-
X.
0-
0-
0.
300 500
300
500
300 500
300 500
Answer:
The value of at equilibrium is
The value of p at equilibrium is $
The consumers' surplus at equilibrium is : $
The producers' surplus at equilibrium is : $
6)
B.

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