Given the price-demand and price-supply equations below, find the consumers' surplus at the equilibrium price level. D(x) = p = 19 – 0.2x² S(x) = p = 10+0.05x² Round your answer to the nearest dollar. Do not include a dollar sign or any commas in your answer.
Given the price-demand and price-supply equations below, find the consumers' surplus at the equilibrium price level. D(x) = p = 19 – 0.2x² S(x) = p = 10+0.05x² Round your answer to the nearest dollar. Do not include a dollar sign or any commas in your answer.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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