1
answer
0
watching
520
views
13 Nov 2019
D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equailibrium point D(x)--10x + 13, S(x)- +3 (a) Find the equilibrium point (Type an ordered pair, using integers or decimals.) (b) Find the consumer surplus at the equilibrium point (Type an integer or a decimal.) (c) Find the producer surplus at the equilibrium point. (Type an integer or a decimal )
D(x) is the price, in dollars per unit, that consumers are willing to pay for x units of an item, and S(x) is the price, in dollars per unit, that producers are willing to accept for x units. Find (a) the equilibrium point, (b) the consumer surplus at the equilibrium point, and (c) the producer surplus at the equailibrium point D(x)--10x + 13, S(x)- +3 (a) Find the equilibrium point (Type an ordered pair, using integers or decimals.) (b) Find the consumer surplus at the equilibrium point (Type an integer or a decimal.) (c) Find the producer surplus at the equilibrium point. (Type an integer or a decimal )
Keith LeannonLv2
23 Mar 2019