
Concept explainers
These review exercises are for test preparation. They can also be used as a practice test. Answers are at the back of the book. The red bracketed section references tell you what part(s) of the chapter to restudy if your answer is incorrect.
Concept Reinforcement
Match each term in column A with the most appropriate graph in column B.
Column A | Column B |
Consumer Surplus
|
a. a) ![]() |

The graph from the provided options that matches the provided term “consumer surplus”.
Answer to Problem 1RE
Solution:
The graph that matches with the provided term “consumer surplus”is (d).
Explanation of Solution
Given information:
The provided term is “consumer surplus” choices of graphs are:
Consider the provided term, “Consumer surplus”
The consumer surplus is the profit obtained by consumer when he paid less than the amount, he wishes to pay for a product.
It is convenient to consider a demand and supply as a function of price. For this we will think of demand and supply as prices that are functions of quantity as:
The consumer demand curve is the graph of
Hence the graph ‘d’matches the provided term as its price decrease with the increase in quantity as shown below:
Want to see more full solutions like this?
Chapter 5 Solutions
CALCULUS+ITS APPLICATIONS
Additional Math Textbook Solutions
College Algebra (7th Edition)
Algebra and Trigonometry (6th Edition)
Elementary Statistics: Picturing the World (7th Edition)
Intro Stats, Books a la Carte Edition (5th Edition)
Introductory Statistics
A Problem Solving Approach To Mathematics For Elementary School Teachers (13th Edition)
- Explain the relationship between 12.3.6, (case A of 12.3.6) and 12.3.7arrow_forwardExplain the key points and reasons for the establishment of 12.3.2(integral Test)arrow_forwardUse 12.4.2 to determine whether the infinite series on the right side of equation 12.6.5, 12.6.6 and 12.6.7 converges for every real number x.arrow_forward
- use Corollary 12.6.2 and 12.6.3 to derive 12.6.4,12.6.5, 12.6.6 and 12.6.7arrow_forwardExplain the focus and reasons for establishment of 12.5.1(lim(n->infinite) and sigma of k=0 to n)arrow_forwardExplain the focus and reasons for establishment of 12.5.3 about alternating series. and explain the reason why (sigma k=1 to infinite)(-1)k+1/k = 1/1 - 1/2 + 1/3 - 1/4 + .... converges.arrow_forward
- Explain the key points and reasons for the establishment of 12.3.2(integral Test)arrow_forwardUse identity (1+x+x2+...+xn)*(1-x)=1-xn+1 to derive the result of 12.2.2. Please notice that identity doesn't work when x=1.arrow_forwardExplain the key points and reasons for the establishment of 11.3.2(integral Test)arrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillAlgebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal LittellElementary AlgebraAlgebraISBN:9780998625713Author:Lynn Marecek, MaryAnne Anthony-SmithPublisher:OpenStax - Rice University
- Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALAlgebra for College StudentsAlgebraISBN:9781285195780Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage Learning





