generalgoodsservices generalgoodsservices
  • 20-08-2022
  • Business
contestada

Given the demand function p = 85 - 5x and supply function p = 3x - 35. The consumer's surplus is ?​

Respuesta :

mseliza49 mseliza49
  • 20-08-2022

Explanation:

At equilibrium demand price=supply price

Therefore consumer surplus is 15 units.

Ver imagen mseliza49
Answer Link

Otras preguntas

Raj wakes up in the morning and notices that his digital clock reads 07 2(A)5(B).After noon, he looks at the clock again.what is the probality thatI) The number
What are the possible steps involved in solving the equation shown? Select three options. 3.5 + 1.2(6.3 – 7x) = 9.38 Add 3.5 and 1.2. Distribute 1.2 to 6.3 and
A = 1 −7 −1 2 , B = 3 7 −1 0 , C = 1 0 −1 1 Find: a) BC, b) 5A − 2C, c) A + C,
Magnesium is a group 2 metal which exists as a number of isotopes and forms many compounds. Magnesium ions produce no emission of absorption lines in the visib
A. If all of the conditions are present for Hardy-Weinberg equilibrium, what will be the frequencies of the alleles A1 and A2 in the next generation? B. Select
A fair die is thrown once.find the probability that an odd number appears?​
Which president issued the Executive Order that desegregated the United States Armed Forces? A) Jimmy Carter B) Franklin Delano Roosevelt C) John F. Kennedy D)
what should be done to make the education practical and useful in life. ? write in four points. ​
what should be subtracted from 1 to get 1-x+2x2
What was the relationship between the American Revolution and the French Revolution? A Both began when Enlightenment ideas led their kings to treat people harsh