Question: The demand function for a certain brand of CD is given by p = - 0 . 0 1 x 2 - 0 . 1
The demand function for a certain brand of CD is given by
where is the wholesale unit price in dollars and is the quantity demanded each week, measured in units of a thousand. Determine the consumers' surplus if the market price is set at $discRound your answer to two decimal places.
$
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