Question: For the demand function d(x)=30-0.1x 2 and supply function S(x)=0.2x 2 , find (a) The market demand level (the positive value of x at which
For the demand function d(x)=30-0.1x2 and supply function S(x)=0.2x2, find
(a) The market demand level (the positive value of x at which the demand function intersects the supply function)
(b) The consumer's surplus at the market demand level found in part (a)
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