The demand for a particular item is given by the function D (x) = 1,450 - 3x². Find the consumer's surplus if the equilibrium price of a unit $250.
The demand for a particular item is given by the function D (x) = 1,450 - 3x². Find the consumer's surplus if the equilibrium price of a unit $250.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
Question
Transcribed Image Text:The demand for a particular item is given by the function D (x) = 1,450 - 3x². Find the consumer's
surplus if the equilibrium price of a unit $250.
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