QUESTION 11Let D (x) =x2– 12x+ 36.3DXFind the consumer surplus at the equilibrium x=3.E$ 25$ 12$ 18$ 36

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Answered: QUESTION 11 Let D (x) =x2- 12x+ 36.…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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Consider the basic macroeconomic model: Y=C+I and C = a + by where Y is GDP, C is consumtion and I is total investment (treated as fixed). a, b are positive parameters. Solve the model for Y in terms of I and the parameters.
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QUESTION 11 Let D (x) =x2- 12x+ 36. Find the consumer surplus at the equilibrium x=3. E $ 25 $ 12 $ 18 $ 36