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4. [0.66 Points] DETAILS PREVIOUS ANSWERS Practice Another Math lli]I lCourse Resources Applications of Denite Integrals lCourse Packet on consumer, producer and total surplus The
4. [0.66\" Points] DETAILS PREVIOUS ANSWERS Practice Another Math lli]I lCourse Resources Applications of Denite Integrals lCourse Packet on consumer, producer and total surplus The demand and supply functions for Penn State ice hockey jerseys are: p = d(X) = 2x2 3x + 449 P = 50') =4x2 + 3x + 1?' where x is the number of hundreds of jerseys and p is the price in dollars. (3) Find the equilibrium quantity. Equilibrium quantity, E = E , which corresponds to :jerseys. (b) Compute the total surplus at the equilibrium point. Total surplus = E dollars Check Score
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