math

posted by .

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.)

  • math -

    -.01x^2 - 0.1x + 6 = 4
    x=10 or -20

    not sure what the "consumers' surplus" is defined as, unless it's when x<0, since demand is negative

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Math

    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 …
  2. math

    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 …
  3. math

    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 …
  4. math

    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 …
  5. Calculus: Help !

    The demand function for a certain brand of blank digital camcorder tapes is given by 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. …
  6. Math [Consumer Surplus]

    The demand function for a certain brand of blank digital camcorder tapes is given by 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. …
  7. math

    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 …
  8. math

    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 …
  9. !math (2)

    The demand function for a certain brand of CD is given by p = −0.01x^2 − 0.2x + 10 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 …
  10. Brief Calculus

    The demand function for a certain brand of CD is given by p = −0.01x2 − 0.2x + 12 where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. The supply function is given …

More Similar Questions