math

Calculate the consumers' surplus at the indicated unit price
p
for the demand equation. HINT [See Example 1.] (Round your answer to the nearest cent.)

p = 150 − q; p = 30

  1. 👍 0
  2. 👎 0
  3. 👁 699
asked by louis
  1. Hint: substitute 30 for p and solve for q.

    1. 👍 0
    2. 👎 0
    posted by Max
  2. Calculate the consumers' surplus at the indicated unit price
    p
    for the demand equation. HINT [See Example 1.] (Round your answer to the nearest cent.)
    p = 10 − 2q; p = 1

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. math

    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 = 102 − x^2 where p is measured in dollars and x is measured

    asked by Britney on December 5, 2012
  2. Calculus

    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 = 144 − x^2 where p is measured in dollars and x is measured

    asked by Anonymous on July 19, 2013
  3. Calculus

    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 = 144 − x^2 where p is measured in dollars and x is measured

    asked by Anonymous on July 17, 2013
  4. math

    The quantity demanded x (in units of a hundred) of the Mikado miniature cameras/week is related to the unit price p (in dollars) by p = −0.2x2 + 80 and the quantity x (in units of a hundred) that the supplier is willing to make

    asked by Britney on December 6, 2012
  5. math

    The quantity demanded x (in units of a hundred) of the Mikado miniature cameras/week is related to the unit price p (in dollars) by p = −0.2x2 + 80 and the quantity x (in units of a hundred) that the supplier is willing to make

    asked by please help! on December 6, 2012
  6. !math (5)

    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 = 160 − x^2 where p is measured in dollars and x is measured

    asked by Mia on April 25, 2014
  7. !math (5)

    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 = 160 − x^2 where p is measured in dollars and x is measured

    asked by Vanessa on April 24, 2014
  8. *math (5)

    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 = 160 − x^2 where p is measured in dollars and x is measured

    asked by Vanessa on April 23, 2014
  9. !math (1)

    The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a

    asked by Mia on April 25, 2014
  10. *math (1)

    The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a

    asked by Vanessa on April 23, 2014

More Similar Questions