
Concept explainers
Demand: E-Readers The demand for Amuon’s Kindle e-reader can be approximated by
a. Calculate the equilibrium price and equilibrium demand.
b. Graph the demand and supply functions to confirm your answer in part (a) graphically.
c. Estimate, lo the nearest 0.1 million units, the surplus or shortage of Kindle e-readers if the price is set at $72.

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Chapter 1 Solutions
Bundle: Applied Calculus, Loose-leaf Version, 7th + Webassign Printed Access Card For Waner/costenoble's Applied Calculus, 7th Edition, Single-term
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