Wednesday

October 1, 2014

October 1, 2014

Posted by **Ali** on Friday, November 30, 2012 at 5:41pm.

p=−0.02x^2−0.1x+24

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 unit price is 21 dollars per tape.

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