Question: (a) Let g 2 0 represent quantity. A demand function is p : D(q) : O.1q2 + 90 and a supply function is p :

(a) Let g 2 0 represent quantity. A demand function is

(a) Let g 2 0 represent quantity. A demand function is p : D(q) : O.1q2 + 90 and a supply function is p : 3(q) : 0.2912 + q + 50. Calculate the consumers surplus when market equilibrium has been established. [10 points]

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