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Find the consumers' surplus and the producers' surplus at the equilibrium price level for the given price-demand and price-supply equations. Include a graph that identifies the and the producers' surplus. Round all values to the nearest integer. p=D(x)=155 -0.005 p=S(x)-250.00 Use the following Desmos calculator Consumer and Producer Surplus Calculator The value of x at equilibrium is (Round to the nearest whole number as needed.) The value of p at equilibrium is $ (Round to the nearest dollar as needed.) The consumers' surplus at equilibrium is $ (Round to the nearest dollar as needed.) The producers' surplus at equilibrium is $ (Round to the nearest dollar as needed) Identify the correct graph, showing the consumers' surplus, shaded silver, and the producers' surplus, shaded blue. OA 155- OB. 156 182 OC. 155- 824 182 455 G OD. 156 424 nifies the consumers' surplum JOO

Find the consumers' surplus and the producers' surplus at the equilibrium price level for the given price-demand and price-supply equations. Include a graph that identifies the and the producers' surplus. Round all values to the nearest integer. p=D(x)=155 -0.005 p=S(x)-250.00 Use the following Desmos calculator Consumer and Producer Surplus Calculator The value of x at equilibrium is (Round to the nearest whole number as needed.) The value of p at equilibrium is $ (Round to the nearest dollar as needed.) The consumers' surplus at equilibrium is $ (Round to the nearest dollar as needed.) The producers' surplus at equilibrium is $ (Round to the nearest dollar as needed) Identify the correct graph, showing the consumers' surplus, shaded silver, and the producers' surplus, shaded blue. OA 155- OB. 156 182 OC. 155- 824 182 455 G OD. 156 424 nifies the consumers' surplum JOO

Advanced Engineering Mathematics
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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Find the consumers' surplus and the producers' surplus at the equilibrium price level for the given price-demand and price-supply equations. Include a graph that identifies the consumers' surplus the Round all values to the nearest integer. p= S(x)=250.00x p=D(x)= 155 e -0.005 Use the following Desmos calculator: Consumer and Producer Surplus Calculator The value of x at equilibrium is (Round to the nearest whole number as needed.) The value of p at equilibrium is $ (Round to the nearest dollar as needed.) The consumers' surplus at equilibrium is $ (Round to the nearest dollar as needed.) The producers' surplus at equilibrium is $ (Round to the nearest dollar as needed.) Identify the correct graph, showing the consumers' surplus, shaded silver, and the producers' surplus, shaded blue. OA 155- 62- 0- Q a OB. 155- 62- 0 0 (c) 182 OC. AD 155- 024 0 0182 455 Q G OD. 156 AD 824 of 182 45 C
Transcribed Image Text:Find the consumers' surplus and the producers' surplus at the equilibrium price level for the given price-demand and price-supply equations. Include a graph that identifies the consumers' surplus the Round all values to the nearest integer. p= S(x)=250.00x p=D(x)= 155 e -0.005 Use the following Desmos calculator: Consumer and Producer Surplus Calculator The value of x at equilibrium is (Round to the nearest whole number as needed.) The value of p at equilibrium is $ (Round to the nearest dollar as needed.) The consumers' surplus at equilibrium is $ (Round to the nearest dollar as needed.) The producers' surplus at equilibrium is $ (Round to the nearest dollar as needed.) Identify the correct graph, showing the consumers' surplus, shaded silver, and the producers' surplus, shaded blue. OA 155- 62- 0- Q a OB. 155- 62- 0 0 (c) 182 OC. AD 155- 024 0 0182 455 Q G OD. 156 AD 824 of 182 45 C
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