Given: (x is number of items) Demand function: d(x) = 153.6 – 0.2x² Supply function: s(x) = 0.4x² Find the equilibrium quantity: Find the consumers surplus at the equilibrium quantity:
Given: (x is number of items) Demand function: d(x) = 153.6 – 0.2x² Supply function: s(x) = 0.4x² Find the equilibrium quantity: Find the consumers surplus at the equilibrium quantity:
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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Given:(x is number of items)
![Given: (x is number of items)
Demand function: d(x) = 153.6 – 0.2x²
Supply function: s(x) = 0.4x?
Find the equilibrium quantity:
Find the consumers surplus at the equilibrium quantity:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf57f010-4d50-41c2-bdd0-572e6de60ea5%2F20d40c81-a081-40bd-9367-e87c78fda8db%2Fzz4z8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Given: (x is number of items)
Demand function: d(x) = 153.6 – 0.2x²
Supply function: s(x) = 0.4x?
Find the equilibrium quantity:
Find the consumers surplus at the equilibrium quantity:
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