A concert-promoting company has been selling an average of 210 T shirts at performances for $18 each.

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A concert-promoting company has been selling an average of 210 T shirts at performances for $18 each. The company estimates that for each dollar that the price is lowered, an additional 30 shirts will be sold. Find the demand function for the shirts and calculate the consumer surplus if the shirts are sold for $15 each.

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Related Book For  answer-question

Calculus Early Transcendentals

ISBN: 9781337613927

9th Edition

Authors: James Stewart, Daniel K. Clegg, Saleem Watson, Lothar Redlin

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