Thursday
October 2, 2014

Homework Help: Calculus

Posted by Eve on Wednesday, April 10, 2013 at 11:10pm.

The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation P=132-x^2

where p is measured in dollars and x is measured in units of a thousand. Titan will make x units of the tires available in the market if the unit price is p=36+1/2x^2


dollars. Determine the consumers' surplus and the producers' surplus when the market unit price is set at the equilibrium price. (Round your answers to the nearest dollar.)

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

!math (5) - The management of the Titan Tire Company has determined that the ...
!math (5) - The management of the Titan Tire Company has determined that the ...
*math (5) - The management of the Titan Tire Company has determined that the ...
Calculus - The management of the Titan Tire Company has determined that the ...
Calculus - The management of the Titan Tire Company has determined that the ...
math - The management of the Titan Tire Company has determined that the quantity...
calculus - the demand for a certain type of auto tire is given by x=f(p) 50(1+e...
Physics - Saturnís largest moon, Titan, is actually larger than the planet ...
Physics - Gravity on Titan Titan is the largest moon of Saturn and the only moon...
Economics - If demand is price elastic, total revenue is a.directly related to ...

Search
Members