Find the consumers surplus if the demand function for grass seed is given (in dollars) by assuming
Question:
Find the consumers’ surplus if the demand function for grass seed is given (in dollars) by
assuming supply and demand are in equilibrium at q = 3.
Transcribed Image Text:
D(q) = = 200 (3q + 1)²¹
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (8 reviews)
is the equilibrium q...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Find the consumers surplus if the demand function for extra virgin olive oil is given (in dollars) by and if supply and demand are in equilibrium at q = 6. D(q) = 32,000 (2q + 8)
-
If the demand function for q units of a product at $p per unit is given by p(q + 1)2 = 200,000 find the rate of change of quantity with respect to price when p = $80. Interpret this result.
-
If the demand function for q units of a commodity at $p per unit is given by p2 (2q + 1) = 100,000 find the rate of change of quantity with respect to price when p = $50. Interpret this result.
-
A particle is thrown vertically upwards into the air. Its height s (in m) above the ground after time t (in seconds) is given by s = 25t 5t 2 (a) What height does the particle reach? (b)What is its...
-
Refer to the information for Stahl Company above. Stahl Company was incorporated as a new business on January 1, 2011. The company is authorized to issue 600,000 shares of $2 par value common stock...
-
A students IQ score is in the 91st percentile on the Weschler Adult Intelligence Scale. Make an observation about the students IQ score.
-
A deuteron is a charged particle that has the same charge as a proton but approximately twice the mass. An alpha particle has twice the charge and approximately four times the mass of a proton. For...
-
Paul owed Charles a $1,000 debt due September 1. On August 15, George, for consideration, orally promised Charles to pay the debt if Paul did not. On September 1, Paul did not pay, so Charles...
-
18 years ago, I purchased 185 shares of a stock worth $14.25 per share. There was a 2:1 split, a 4:1 split, and a 3:1 split during that time period. Today the stock is worth $1.53 per share. If the...
-
Use substitution to find each indefinite integral. 2x ex ex + 5 2x dx
-
In Exercises, use the definite integral to find the area between the x-axis and f(x) over the indicated interval. Check first to see if the graph crosses the x-axis in the given interval. f(x) = 2x -...
-
You are a new consultant with the Boston Group and have been sent to advise the executives of Penury Company. The company recently acquired product line L from an out- of- state concern and now plans...
-
How crucial is it to understand the many sorts of speech contexts on a daily basis? Give one specific example. Here are the types of speech context: 1. Public Communication 2. Small Group...
-
The most recent fiscal year's financial statements of Steeltoe Enterprises show average net operating assets (NOA) of $4,556 million, average net nonoperating obligations (NNO) of $564 million,...
-
Maritime Marine Company has total estimated factory overhead for the year of $1,032,700, divided into four activities: fabrication, $416,000; assembly, $182,500; setup, $146,200; and inspection,...
-
A horizontal spring - mass system has low friction, spring stiffness 1 7 5 N / m , and mass 0 . 4 kg . The system is released with an initial compression of the spring of 1 1 cm and an initial speed...
-
What is the Passive communication Style ? Example of Passive communication Style? Passive communication Style: Positive Impact on Communication? Passive communication Style: Negative Impact on...
-
Suppose Alpha Corporation's daily cost function is Its marginal cost is What is its efficient scale of production? What is its minimum average cost? Q1 100, 000 Q-5000+2Q MCI Q| = 100, 000-1, 000Q+6Q'
-
Making use of the tables of atomic masses, find the velocity with which the products of the reaction B10 (n, ) Li7 come apart; the reaction proceeds via interaction of very slow neutrons with...
-
In Exercises 29 through 42, list all the values of x for which the given function is not continuous. f(x) = [2 - 3x x2x + 3 - x + 3 if x -1 if x > -1
-
A credit card company estimates that the average cardholder owed $7,853 in the year 2005 and $9,127 in 2010. Suppose average cardholder debt D grows at a constant rate. a. Express D as a linear...
-
Producers will supply q units of a certain commodity to the market when the price is p = S(q) dollars per unit, and consumers will demand (buy) q units when the price is p = D(q) dollars per unit,...
-
Create a 500 essay on the Prestige performance which is in the last column compared to the industry average of the financial ratio. Please make use of all the ratios with comparable figures and make...
-
During the current year crime co recognized net income before taxes of $460,000. Dividends of $31,000 were paid to shareholders. The tax rate is 30%. What is the net income for the year?
-
What is the firm's current year operating profit margin? Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in...
Study smarter with the SolutionInn App