1. [-I12.5 Points] DETAILS HARMATHAP12 13.4.017. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In this problem, p is in dollars and x is the number of units. The demand function for a product is p = 105 x2. If the equilibrium price is $5 per unit, what is the consumer's surplus? (Round your answer to the nearest cent.) $I I Need Help? 2. [-l12.5 Points] DETAILS HARMATHAP12 1.3.4.019. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In this problem, ,0 is in dollars and x is the number of units. The demand function for a product is p = 3UU/(x + 5). If the equilibrium quantity is 5 units, what is the consumer's surplus? (Round your answer to the nearest cent.) i[:1 Need Help? -""'T- 3. [-l12.5 Points] DETAILS HARMATHAP12 1.3.4.021. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In this problem, p is in dollars and x is the number of units. The demand function for a certain product is p = 100 x2 and the supply function is p = x2 + 4x + 30. Find the equilibrium point. (x.p)=( I) Find the consumer's surplus there. (Round your answer to the nearest cent.) $l ] Need Help? _'_' 4. [-I12.5 Points] DETAILS HARMATHAP12 13.4.025.Ml. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In this problem, ,0 and C are in dollars and x is the number of units. A monopoly has a total cost function C = 1,000 + 108x + 12x2 for its product, which has demand function in = 324 3x 2x2. Find the consumer's surplus (in dollars) at the point where the monopoly has maximum profit. (Round your answer to the nearest cent.) $l i Need Help? 5. [-l12.5 Points] DETAILS HARMATHAP12 1.3.4.027. | MY NOTES l | ASK YOUR TEACHER l | PRACTICE ANOTHER In this problem, ,0 is in dollars and x is the number of units. Suppose that the supply function for a good is p = 4x2 + 10x + 9. If the equilibrium price is $345 per unit, what is the producer's surplus there? (Round your answer to the nearest cent.) Need Help