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April 20, 2014

Homework Help: math

Posted by britney on Thursday, November 29, 2012 at 3:58pm.

The demand function for a certain brand of CD is given by the following equation where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.

P=-0.01X^2-0.1X+6

Determine the consumers' surplus if the wholesale market price is set at $4/disc. (Round your answer to two decimal places.)

$ ?

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