A demand curve is given by ( = 450/(x+8). Find the consumer surplus when the selling price
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
px 10 450x8 10 x8 45 x 37 ...View the full answer
Answered By
Sheikh Muhammad Ibrahim
During the course of my study, I have worked as a private tutor. I have taught Maths and Physics to O'Level and A'Level students, as well as I have also taught basic engineering courses to my juniors in the university. Engineering intrigues me alot because it a world full of ideas. I have passionately taught students and this made me learn alot. Teaching algebra and basic calculus, from the very basics of it made me very patient. Therefore, I know many tricks to make your work easier for you. I believe that every student has a potential to work himself. I am just here to polish your skills. I am a bright student in my university. My juniors are always happy from me because I help in their assignments and they are never late.
4.90+
14+ Reviews
24+ Question Solved
Related Book For
Question Posted:
Students also viewed these Calculus questions
-
A demand curve is given by p = 450/(x + 8). Find the consumer surplus when the selling price is $10.
-
The demand function for a particular vacation package is p(x) = 2000 - 46x . Find the consumer surplus when the sales level for the packages is 400. Illustrate by drawing the demand curve and...
-
The demand function for a commodity is given by p = 2000 0.1x 0.01x2. Find the consumer surplus when the sales level is 100.
-
Use a calculator to express each number in Problems 39 and 40 as a decimal to the capacity of your calculator. Observe the repeating decimal representation of the rational numbers and the non...
-
The adjusted balances at September 30, 2014, for Xentel Interactive are shown in alphabetical order below: Required Prepare a comparative classified balance sheet at September 30, 2014. Analysis...
-
. Business exchanges. Identify the transactions from the following story. For each, identify the give and get portion. Who would be interested in this information? (LO 1,3) Bonnie Lawhon decided to...
-
(MIRR) For the question above, what is the modified IRR (MIRR) of the project assuming the reinvestment or financing rate is also the discount rate (10%)?
-
Discuss the ethical issues that caused the downfall of Countrywide Financial. Not too long ago, Countrywide Financial seemed to have everything going for it. Co-founded in part by Angelo Mozilo in...
-
Please provide the calculations for the attached insourcing - outsourcing cost factors worksheet Appendix 3 Insourcing / Outsourcing Cost Factors Worksheet ( 1 ) Total Savings = ( Total Insourcing...
-
(a) Flopro plc make and sell two products A and B, each of which passes through the same automated production operations. The following estimated information is available for period 1: (i) (ii)...
-
A mining company estimates that the marginal cost of extracting tons of copper ore from a mine is 0.6 + 0.008x, measured in thousands of dollars per ton. Start-up costs are $100,000. What is the cost...
-
If a supply curve is modeled by the equation, p = 200 + 0.2x3/2 find the producer surplus when the selling price is $400.
-
State the equation for the return on assets and explain how it is interpreted.
-
Give two examples of how leadership's approach was different when dealing with the different organizational situations in your workplace. Did the leadership's approach match the situation? Was it...
-
For this discussion post, we are going to construct a confidence interval based on a collection of sample data. Read the following: We are interested in the average wait estimated time of our local...
-
5 . Obermeyer Corporation issued the following statement of cash flows for 2 0 1 7 . Obermeyer Corporation Statement of Cash Flows Indirect Method For the Year Ended December 3 1 , 2 0 1 7 Cash flows...
-
XYZ Co . mines copper, with fixed costs of $ 0 . 5 0 / lb and variable cost of $ 0 . 4 0 / lb . The 1 - year forward price of copper is $ 1 / lb . The 1 - year continuously compounded interest rate...
-
Stock in Eduardo Industries has a beta of .91. The market risk premium is 7.1 percent, and T-bills are currently yielding 4.1 percent. The most recent dividend was $2.00 per share, and dividends are...
-
A curve has the equation y = 2 sin 2x + cos 2x. Find the stationary points of the curve in the interval 0 x .
-
Choose a company from the SEC EDGAR Web site for your Key Assignment to evaluate for the impact of convergence to IFRS. Review the financial reports and notes of the company you have chosen from the...
-
For what values of r does the function y = e rx satisfy the differential equation y'' - 4y' + y = 0?
-
Suppose the curve y = x 4 + ax 3 + bx 2 + cx + d has a tangent line when x 0 with equation y = 2x + 1 and a tangent line when x = 1 with equation y = 2 - 3x. Find the values of a, b, c, and d.
-
Suppose the curve y = x 4 + ax 3 + bx 2 + cx + d has a tangent line when x 0 with equation y = 2x + 1 and a tangent line when x = 1 with equation y = 2 - 3x. Find the values of a, b, c, and d.
-
Conrad Brown is 4 0 years old. He is a livestock farmer in the Free State. During the 2 0 2 3 year of assessment, he established a cherry tree orchard on his farm. His receipts and accruals for the...
-
Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 3 1 appear below. The company did not issue any new common stock during the year. A...
-
DEF Inc. produced 40,000 units during the month. Total manufacturing costs, including direct materials, direct labor, and factory overhead, amounted to $800,000. If the ending inventory was valued at...
Study smarter with the SolutionInn App