The demand function for a commodity is given by p = 2000 - 0.1x - 0.01x2 Find
Question:
p = 2000 - 0.1x - 0.01x2
Find the consumer surplus when the sales level is 100.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
x 100 P 2000 01100 001100 ...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Calculus questions
-
Suppose that in a monopolistic market, the demand function for a commodity is where x is the number of units and p is in dollars. If a company's average cost function for this commodity is find the...
-
The total revenue function for a commodity is given by R = 80x - 0.04x2. (a) Find the marginal revenue function. (b) What is the marginal revenue at x = 100? (c) Interpret your answer in part (b).
-
The demand function for a certain commodity is given by p = 100e-q/2. (a) At what price per unit will the quantity demanded equal 6 units? (b) If the price is $1.83 per unit, how many units will be...
-
The cantilever beam AB shown in the figure is subjected to a concentrated load P at the midpoint and a counterclockwise couple of moment M1 = PL/4 at the free end. Draw the shear-force and...
-
The December 31, 2014, adjusted trial balance of Old Maritime Manufacturing showed the following information:...
-
You have collected and explored the data on Internet information requests. Before continuing on to use the data for estimation and hypothesis testing, you want to develop a framework that identifies...
-
Drilling down beneath a lake in Alaska yields chemical evidence of past changes in climate. Biological silicon, left by the skeletons of single-celled creatures called diatoms, is a measure of the...
-
The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Instructions (a) Determine the fixed- and variable-cost...
-
When are period costs expensed? When are product costs expensed?
-
1. Use the numbers given to complete the cash budget and short-term financial plan. 2. Rework the cash budget and short-term financial plan assuming Piepkorn changes to a minimum balance of $100,000....
-
Find the volume obtained when the circle of radius 1 with center (1, 0) is rotated about the -axis.
-
(a) Explain why the function is a probability density function. (b) Find P(X (c) Calculate the mean. Is the value what you would expect? if0
-
In Problems P10.11, take advantage of symmetry to simplify the analysis by slope deflection. (a) Compute all reactions and draw the shear and moment curves for the beam in Figure P10.11. Given: \(E...
-
How do the four Ps of marketing (product, price, promotion, place) differ in international markets?
-
Do you agree with the societal or political forces? Why or why not? Support your assertions with credible sources
-
How do the global transformational leadership models comprise a work environment that sees the need for change and embraces the new changes?Explain
-
1) Based on your research how do you view the financial health of Coca-Cola in absolute terms, over time, and as compared to sector/ industry peers/ S&P 500? 2) "Do your" views agree or disagree with...
-
How do you feel you performed during the field experience? Does this align with the supervisor s evaluation of your progress? Why or why not?
-
Are there any circumstances in which a Me-orientation becomes necessary when participating in a small group?
-
Activator rod AB exerts on crank BCD a force P directed along line AB. Knowing that P must have a 100-N component perpendicular to arm BC of the crank, determine (a) The magnitude of the force P, (b)...
-
define the terms paradigm and paradigm shift?
-
Air is being pumped into a spherical weather balloon. At any time t, the volume of the balloon is V(t) and its radius is r(t). (a) What do the derivatives dV/dr and dV/dt represent? (b) Express dV/dt...
-
A particle moves along a horizontal line so that its coordinate at time t is x = b 2 + c 2 t 2 , t > 0, where b and c are positive constants. (a) Find the velocity and acceleration functions. (b)...
-
A particle moves along a horizontal line so that its coordinate at time t is x = b 2 + c 2 t 2 , t > 0, where b and c are positive constants. (a) Find the velocity and acceleration functions. (b)...
-
Due to the relationship of financial statements, the statement of stockholders' equity links the income statement to the balance sheet. True or False?
-
Troy Engines, Limited, manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An...
-
Trey is single and has no qualifying child. His adjusted gross income is $12,355. In order to claim the Earned Income Tax Credit, he must meet which of the following requirements? He cannot be the...
Study smarter with the SolutionInn App