Question: Please circle answer(s) In this problem, p is in dollars and x is the number of units. The demand function for a product is p

Please circle answer(s)

Please circle answer(s) In this problem, p is in dollars and x

In this problem, p is in dollars and x is the number of units. The demand function for a product is p = 200 (x + 3) If the equilibrium quantity is 7 units, what is the equilibrium price? P1 = What is the equilibrium point? ( X q . P, ) = What is the consumer's surplus? (Round your answer to the nearest cent.)

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