Question: _A product has the demand function, _ 1600 p _ 52: + 14 and the supply function, _ 400:: p _ 113 + 50 where

_A product has the demand function, _ 1600 p _ 52:

_A product has the demand function, _ 1600 p _ 52: + 14 and the supply function, _ 400:: p _ 113 + 50 where p is the unit prioe [in rands} and x is the number of units demanded and supplied. The consumers' surplus, rounded to the nearest cent, is equal to R type your

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