Given: (x is number of items) Demand function: d(x)=396.9−0.5x2 Supply function: s(x)=0.4x2 Find the equilibrium quantity:   Find the consumers surplus at the equilibrium quantity:

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Given: (x is number of items)
Demand function: d(x)=396.9−0.5x2
Supply function: s(x)=0.4x2

Find the equilibrium quantity:  

Find the consumers surplus at the equilibrium quantity: 

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