## Question

# The demand function for a certain product is given by p = -0.01x 2 - 0.2x + 10, where p represents the unit price in

The demand function for a certain product is given by p = -0.01x^{2} - 0.2x + 10, where p represents the unit price in dollars and x is the quantity demanded measured in units of a thousand. Determine the consumer surplus if the price is set at $2.

**formula:****consumer's surplus:**

The consumer's surplus is given by

**D** is the demand function

**p** is the unit market price

is the guantity sold

## CS = f Dx) d x-px

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