In Exercises 43 through 46, p = D(q) is the demand curve for a particular commodity; that

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In Exercises 43 through 46, p = D(q) is the demand curve for a particular commodity; that is, q units of the commodity will be demanded when the price is p = D(q) dollars per unit. In each case, for the given level of production q0, find p0 = D(q0) and compute the corresponding consumers’ surplus.

D(q) = 10e−0.1q; q0 = 4 units

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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