The demand function for a product is p=280-4x-x2 and the supply function for it is P=160+4x+x2. Find

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The demand function for a product is p=280-4x-x2 and the supply function for it is P=160+4x+x2. Find the producer's surplus at the equilibrium point. In the following equation p is in dollars and x is the number of units.

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 07:28 AM

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The demand function for a product is p=280-4x-x2 and the supply function for it is P=160+4x+x2. Find

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2804xx 2 1604x4x 2 02x 2 8x12...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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