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Applications erinite Integrals Course Packet on consumer, producer and total surplus The demand and supply functions for Penn State women's volleyball jerseys are: p =

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Applications erinite Integrals Course Packet on consumer, producer and total surplus The demand and supply functions for Penn State women's volleyball jerseys are: p = d(x) =-x2 - 7x +97 P = s(x) = 2x2+ 2x+ 13 where x is the number of hundreds of jerseys and p is the price in dollars. (a) Find the equilibrium quantity. Equilibrium quantity, x = which corresponds to jerseys. (b) Compute the total surplus at the equilibrium point. Total surplus = dollars

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