Explanation Given: The demand function is p = 160 4 + x 2 , in units of a thousand. Formula used: (1). The consumer surplus is C S = ∫ 0 x ¯ D ( x ) d x − p ¯ x ¯ , where p ¯ is the unit market price and x ¯ is the quantity sold. (2). The table of integral for ∫ 1 a 2 + u 2 d u = ln | u + a 2 + u 2 | + c . Calculation: Consider the value of x ¯ = 2000 . Equate the quantity demand to the demand function in order to compute the unit market price. p = 160 4 + ( 2000 ) 2 = 160 2000.001 = 0.07996 Thus, the value of p ¯ = 0.07996 . Compute the consumers’ surplus by using the formula (1). C S = ∫ 0 2000 160 4 + x 2 d x − ( 0.07996 ) ( 2000 ) = 160 [ ln | x + 4 + x 2 | ] 0 2000 − 159

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

10th Edition

ISBN: 9781285464640

Author: Soo T. Tan

Publisher: Brooks Cole

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Chapter 7.2, Problem 40E

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To find: The consumers’ surplus that corresponds to a quantity demanded of 2000 units/month.

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Chapter 7.2, Problem 39E

Chapter 7.2, Problem 41E

Chapter 7 Solutions

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

Ch. 7.1 - Write the formula for integration by parts.Ch. 7.1 - Explain how you would choose u and dv when using...Ch. 7.1 - In Exercises 1-26, find each indefinite integral....Ch. 7.1 - Prob. 2E Ch. 7.1 - Prob. 3E Ch. 7.1 - Prob. 4E Ch. 7.1 - In Exercises 1-26, find each indefinite integral....Ch. 7.1 - Prob. 6E Ch. 7.1 - Prob. 7E Ch. 7.1 - Prob. 8E

Ch. 7.1 - Prob. 9E Ch. 7.1 - In Exercises 1-26, find each indefinite integral....Ch. 7.1 - Prob. 11E Ch. 7.1 - Prob. 12E Ch. 7.1 - Prob. 13E Ch. 7.1 - Prob. 14E Ch. 7.1 - In Exercises 1-26, find each indefinite integral....Ch. 7.1 - Prob. 16E Ch. 7.1 - Prob. 17E Ch. 7.1 - Prob. 18E Ch. 7.1 - Prob. 19E Ch. 7.1 - In Exercises 1-26, find each indefinite integral....Ch. 7.1 - Prob. 22E Ch. 7.1 - Prob. 23E Ch. 7.1 - Prob. 24E Ch. 7.1 - In Exercises 1-26, find each indefinite integral....Ch. 7.1 - Prob. 26E Ch. 7.1 - In Exercises 1-26, find each indefinite integral....Ch. 7.1 - Prob. 28E Ch. 7.1 - Prob. 29E Ch. 7.1 - In Exercises 29-34, evaluate each definite...Ch. 7.1 - Prob. 31E Ch. 7.1 - Prob. 32E Ch. 7.1 - Prob. 33E Ch. 7.1 - Prob. 34E Ch. 7.1 - Find the function f given that the slope of the...Ch. 7.1 - Prob. 36E Ch. 7.1 - Prob. 37E Ch. 7.1 - Prob. 38E Ch. 7.1 - Prob. 39E Ch. 7.1 - Production of Steam Coal In keeping with the...Ch. 7.1 - Prob. 41E Ch. 7.1 - Concentration of a Drug in the Bloodstream The...Ch. 7.1 - Prob. 43E Ch. 7.1 - Average price of a Commodity The price of a...Ch. 7.1 - Distance Covered by a Car The velocity of the...Ch. 7.1 - Credit Card Losses in the United Kingdom The mail...Ch. 7.1 - U.S. Smartphone Users Smartphone users, as a...Ch. 7.1 - Prob. 49E Ch. 7.1 - Future Value of AN Investment Laura, the sole...Ch. 7.1 - Rate of Return on an Investment Suppose an...Ch. 7.1 - Present Value of A Franchise Tracy purchased a...Ch. 7.1 - Gini Index Refer to Section 6.7. The income...Ch. 7.1 - Prob. 56E Ch. 7.1 - A Mixture Problem Two tanks are connected in...Ch. 7.1 - Prob. 58E Ch. 7.1 - Prob. 59E Ch. 7.1 - In Exercises 59-62, determine whether the...Ch. 7.1 - In Exercises 59-62, determine whether the...Ch. 7.1 - Prob. 62E Ch. 7.2 - In Exercises 1-32, use the table of integrals in...Ch. 7.2 - In Exercises 1-32, use the table of integrals in...Ch. 7.2 - In Exercises 1-32, use the table of integrals in...Ch. 7.2 - In Exercises 1-32, use the table of integrals in...Ch. 7.2 - Prob. 5E Ch. 7.2 - Prob. 6E Ch. 7.2 - Prob. 7E Ch. 7.2 - Prob. 8E Ch. 7.2 - In Exercises 1-32, use the table of integrals in...Ch. 7.2 - Prob. 10E Ch. 7.2 - Prob. 11E Ch. 7.2 - Prob. 12E Ch. 7.2 - Prob. 13E Ch. 7.2 - Prob. 14E Ch. 7.2 - Prob. 15E Ch. 7.2 - Prob. 16E Ch. 7.2 - Prob. 17E Ch. 7.2 - In Exercises 1-32, use the table of integrals in...Ch. 7.2 - Prob. 19E Ch. 7.2 - Prob. 20E Ch. 7.2 - Prob. 21E Ch. 7.2 - Prob. 22E Ch. 7.2 - In Exercises 1-32, use the table of integrals in...Ch. 7.2 - Prob. 24E Ch. 7.2 - Prob. 25E Ch. 7.2 - In Exercises 1-32, use the table of integrals in...Ch. 7.2 - Prob. 27E Ch. 7.2 - Prob. 28E Ch. 7.2 - Prob. 29E Ch. 7.2 - Prob. 30E Ch. 7.2 - Prob. 31E Ch. 7.2 - Prob. 32E Ch. 7.2 - Prob. 33E Ch. 7.2 - Prob. 34E Ch. 7.2 - Prob. 35E Ch. 7.2 - Prob. 36E Ch. 7.2 - Prob. 37E Ch. 7.2 - Prob. 38E Ch. 7.2 - Producers' SURPLUS for WOMEN'S Boots Refer to...Ch. 7.2 - Prob. 40E Ch. 7.2 - Prob. 41E Ch. 7.2 - Prob. 42E Ch. 7.2 - Prob. 43E Ch. 7.2 - Prob. 44E Ch. 7.2 - Prob. 45E Ch. 7.2 - Prob. 46E Ch. 7.2 - Prob. 47E Ch. 7.3 - Explain why n can be odd or even in the...Ch. 7.3 - Prob. 1E Ch. 7.3 - Prob. 2E Ch. 7.3 - Prob. 3E Ch. 7.3 - Prob. 4E Ch. 7.3 - Prob. 5E Ch. 7.3 - Prob. 6E Ch. 7.3 - Prob. 7E Ch. 7.3 - Prob. 8E Ch. 7.3 - Prob. 9E Ch. 7.3 - In Exercises 114, use the Trapezoidal Rule and...Ch. 7.3 - Prob. 11E Ch. 7.3 - Prob. 12E Ch. 7.3 - Prob. 13E Ch. 7.3 - Prob. 14E Ch. 7.3 - Prob. 15E Ch. 7.3 - Prob. 16E Ch. 7.3 - Prob. 17E Ch. 7.3 - Prob. 18E Ch. 7.3 - Prob. 19E Ch. 7.3 - Prob. 20E Ch. 7.3 - Prob. 21E Ch. 7.3 - Prob. 22E Ch. 7.3 - Prob. 23E Ch. 7.3 - Prob. 24E Ch. 7.3 - In Exercises 23-28, find a bound on the error in...Ch. 7.3 - Prob. 26E Ch. 7.3 - Prob. 27E Ch. 7.3 - Prob. 28E Ch. 7.3 - Prob. 29E Ch. 7.3 - Condominium Resort Complex Cooper Realty is...Ch. 7.3 - AVERAGE Temperature The graph depicted ill the...Ch. 7.3 - Surface area of the Jacqueline Kennedy Onassis...Ch. 7.3 - Fuel Consumption of Domestic Cars Thanks to...Ch. 7.3 - Prob. 34E Ch. 7.3 - Medical Costs for Veterans According to a study by...Ch. 7.3 - Prob. 36E Ch. 7.3 - Prob. 37E Ch. 7.3 - Consumers Surplus Refer to Section 6.7. Before the...Ch. 7.3 - Prob. 39E Ch. 7.3 - Consumers Surplus for Sports Watches Refer to...Ch. 7.3 - PRODUCERS SURPLUS FOR CDs Refer to Section 6.7....Ch. 7.3 - Prob. 42E Ch. 7.3 - Prob. 43E Ch. 7.3 - Prob. 44E Ch. 7.3 - Producers Surplus Refer to Section 6.7....Ch. 7.3 - Measuring Cardiac Output Eight milligrams of a dye...Ch. 7.3 - Prob. 47E Ch. 7.3 - Prob. 48E Ch. 7.3 - Prob. 49E Ch. 7.3 - In Exercises 50-53, determine whether the...Ch. 7.3 - Prob. 51E Ch. 7.3 - Prob. 52E Ch. 7.4 - a. Define 0f(x)dx, where f is continuous on [a, )...Ch. 7.4 - Prob. 2CQ Ch. 7.4 - In Exercises 1-4, find the area of the shaded...Ch. 7.4 - Prob. 2E Ch. 7.4 - Prob. 3E Ch. 7.4 - Prob. 4E Ch. 7.4 - In Exercises 5-14. find the area of the region...Ch. 7.4 - Prob. 6E Ch. 7.4 - Prob. 7E Ch. 7.4 - Prob. 8E Ch. 7.4 - Prob. 9E Ch. 7.4 - Prob. 10E Ch. 7.4 - Prob. 11E Ch. 7.4 - Prob. 12E Ch. 7.4 - Prob. 13E Ch. 7.4 - Prob. 14E Ch. 7.4 - Prob. 15E Ch. 7.4 - Prob. 16E Ch. 7.4 - Prob. 17E Ch. 7.4 - Prob. 18E Ch. 7.4 - Prob. 19E Ch. 7.4 - Prob. 20E Ch. 7.4 - Prob. 21E Ch. 7.4 - Prob. 22E Ch. 7.4 - Prob. 23E Ch. 7.4 - Prob. 24E Ch. 7.4 - Prob. 25E Ch. 7.4 - Prob. 26E Ch. 7.4 - Prob. 27E Ch. 7.4 - Prob. 28E Ch. 7.4 - Prob. 29E Ch. 7.4 - Prob. 30E Ch. 7.4 - Prob. 31E Ch. 7.4 - Prob. 32E Ch. 7.4 - Prob. 33E Ch. 7.4 - Prob. 34E Ch. 7.4 - Prob. 35E Ch. 7.4 - Prob. 36E Ch. 7.4 - Prob. 37E Ch. 7.4 - Prob. 38E Ch. 7.4 - Prob. 39E Ch. 7.4 - Prob. 40E Ch. 7.4 - Prob. 41E Ch. 7.4 - Prob. 43E Ch. 7.4 - Prob. 44E Ch. 7.4 - Prob. 45E Ch. 7.4 - Prob. 46E Ch. 7.4 - THE AMOUNT OF an ENDOWMENT A university alumni...Ch. 7.4 - Prob. 48E Ch. 7.4 - Prob. 49E Ch. 7.4 - PERPETUAL NET INCOME STREAMS The present value of...Ch. 7.4 - ESTABLISHING A TRUST FUND Becky Wilkinson wants to...Ch. 7.4 - PERPETUAL NET INCOME STREAM The perpetual stream...Ch. 7.4 - Prob. 53E Ch. 7.4 - Prob. 54E Ch. 7.4 - In Exercises 5356, determine whether the statement...Ch. 7.4 - Prob. 56E Ch. 7.4 - Prob. 57E Ch. 7.4 - Prob. 58E Ch. 7.4 - Prob. 59E Ch. 7.4 - Prob. 60E Ch. 7.5 - Prob. 1CQ Ch. 7.5 - Prob. 2CQ Ch. 7.5 - Prob. 1E Ch. 7.5 - Prob. 2E Ch. 7.5 - Prob. 3E Ch. 7.5 - Prob. 4E Ch. 7.5 - Prob. 5E Ch. 7.5 - Prob. 6E Ch. 7.5 - Prob. 7E Ch. 7.5 - Prob. 8E Ch. 7.5 - Prob. 9E Ch. 7.5 - Prob. 10E Ch. 7.5 - Prob. 11E Ch. 7.5 - Prob. 12E Ch. 7.5 - Prob. 13E Ch. 7.5 - Prob. 14E Ch. 7.5 - Prob. 15E Ch. 7.5 - Prob. 16E Ch. 7.5 - Prob. 17E Ch. 7.5 - Prob. 18E Ch. 7.5 - Prob. 19E Ch. 7.5 - Prob. 20E Ch. 7.5 - In Exercises 19-26, f is the probability density...Ch. 7.5 - Prob. 22E Ch. 7.5 - Prob. 23E Ch. 7.5 - In Exercises 19-26, f is the probability density...Ch. 7.5 - Prob. 25E Ch. 7.5 - Prob. 26E Ch. 7.5 - Prob. 27E Ch. 7.5 - Prob. 28E Ch. 7.5 - Prob. 29E Ch. 7.5 - Prob. 30E Ch. 7.5 - Prob. 31E Ch. 7.5 - Prob. 32E Ch. 7.5 - In Exercises 27-40, find the expected value of the...Ch. 7.5 - Prob. 34E Ch. 7.5 - Prob. 35E Ch. 7.5 - Prob. 36E Ch. 7.5 - Prob. 37E Ch. 7.5 - Prob. 38E Ch. 7.5 - Prob. 39E Ch. 7.5 - Prob. 40E Ch. 7.5 - WAITING Time AT A Health CLLNIC The average...Ch. 7.5 - Life Span of A Plant Species The life span of a...Ch. 7.5 - Product Reliability The tread life (in thousands...Ch. 7.5 - Prob. 44E Ch. 7.5 - Prob. 45E Ch. 7.5 - Prob. 46E Ch. 7.5 - Prob. 47E Ch. 7.5 - Prob. 48E Ch. 7.5 - Commuting Bill takes the commuter train to work...Ch. 7.5 - Musical Fountains Refer to Example 4. The...Ch. 7.5 - The Fountains OF Bellagio Refer to Example 4. The...Ch. 7.5 - Prob. 52E Ch. 7.5 - Reaction Time Of A Motorist The amount of time (in...Ch. 7.5 - Prob. 54E Ch. 7.5 - Prob. 55E Ch. 7.5 - Prob. 56E Ch. 7.5 - Prob. 57E Ch. 7.5 - Prob. 59E Ch. 7.5 - Prob. 60E Ch. 7.5 - Prob. 61E Ch. 7.5 - Prob. 62E Ch. 7.5 - Prob. 63E Ch. 7.5 - Prob. 64E Ch. 7.5 - Prob. 65E Ch. 7.5 - Prob. 66E Ch. 7.5 - Prob. 67E Ch. 7.5 - Prob. 68E Ch. 7.5 - Prob. 69E Ch. 7.5 - Prob. 70E Ch. 7 - Fill in the blanks. 1. The integration by parts...Ch. 7 - Prob. 2CRQ Ch. 7 - Prob. 3CRQ Ch. 7 - Prob. 4CRQ Ch. 7 - Prob. 5CRQ Ch. 7 - Prob. 1RE Ch. 7 - Prob. 2RE Ch. 7 - Prob. 3RE Ch. 7 - Prob. 4RE Ch. 7 - Prob. 5RE Ch. 7 - Prob. 6RE Ch. 7 - Prob. 7RE Ch. 7 - Prob. 8RE Ch. 7 - Prob. 9RE Ch. 7 - Prob. 10RE Ch. 7 - Prob. 11RE Ch. 7 - Prob. 12RE Ch. 7 - Prob. 13RE Ch. 7 - Prob. 14RE Ch. 7 - Prob. 15RE Ch. 7 - Prob. 16RE Ch. 7 - Prob. 17RE Ch. 7 - Prob. 18RE Ch. 7 - Prob. 19RE Ch. 7 - Prob. 20RE Ch. 7 - Prob. 21RE Ch. 7 - Prob. 22RE Ch. 7 - Prob. 23RE Ch. 7 - Prob. 24RE Ch. 7 - Prob. 25RE Ch. 7 - Prob. 26RE Ch. 7 - Prob. 27RE Ch. 7 - Prob. 28RE Ch. 7 - Prob. 29RE Ch. 7 - Prob. 30RE Ch. 7 - Prob. 31RE Ch. 7 - Prob. 32RE Ch. 7 - Prob. 33RE Ch. 7 - Prob. 34RE Ch. 7 - Prob. 35RE Ch. 7 - Prob. 36RE Ch. 7 - Prob. 37RE Ch. 7 - Oil Spills Using aerial photographs, the Coast...Ch. 7 - Surface area OF a Lake a man-made lake located in...Ch. 7 - Prob. 40RE Ch. 7 - Prob. 1BM Ch. 7 - Prob. 2BM Ch. 7 - Prob. 3BM Ch. 7 - Prob. 4BM Ch. 7 - Prob. 5BM Ch. 7 - Prob. 6BM

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The consumers’ surplus that corresponds to a quantity demanded of 2000 units/month.

Solution Summary: The author calculates the consumers' surplus that corresponds to a quantity demanded of 2000 units/month.

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To find: The consumers’ surplus that corresponds to a quantity demanded of 2000 units/month.

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Chapter 7 Solutions