May 31, 2016

Homework Help: math

Posted by Ashton on Friday, November 30, 2012 at 11:14am.

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.


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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