[-/1 Points] DETAILS MY NOTES Math 110 Course Resources - Applications of Definite Integrals Course Packet on consumer, producer and total surplus If the demand function for math anxiety pills is p = D(x) = v 16 - 2x, determine the consumer surplus at the market price of 2 dollars. Consumer surplus = dollars [-/1 Points] DETAILS MY NOTES Math 110 Course Resources - Applications of Definite Integrals Course Packet on consumer, producer and total surplus If the demand function for math anxiety pills is p = D(x) = -3x + 84 and the corresponding supply function is p = S(x) = 5x + 4, determine the consumer and the producer surplus at the market equilibrium point. Consumer surplus = dollars Producer surplus = dollars [-/1 Points] DETAILS MY NOTES Math 110 Course Resources - Applications of Definite Integrals Course Packet on consumer, producer and total surplus -Video Tutorial Suppose the daily supply equation for noise cancelling wireless headphones is given by p = S(x) = 90 + 80e0.05x where p is in dollars and x is the number of headphones produced daily. Determine the quantity supplied if the market price is 570 dollars. Quantity supplied (exact value) = units Determine the producer surplus at the market price of 570 dollars. Producer surplus (exact value) = dollars Producer surplus (rounded to the nearest dollar) = dollars [-/1 Points] DETAILS MY NOTES Math 110 Course Resources Applications of Definite Integrals Course Packet on consumer, producer and total surplus The demand and supply functions for Penn State ice hockey jerseys are: p = d(x) = -5x2 - 11x + 500 p = s(x) = x2 + x+ 20 where x is the number of hundreds of jerseys and p is the price in dollars. (a) Find the equilibrium quantity. Equilibrium quantity, x = , which corresponds to jerseys. (b) Compute the total surplus at the equilibrium point. Total surplus = dollars