Question: The demand function for a certain commodity is given by f ( x ) = 2 5 0 e - x 1 0 0 0
The demand function for a certain commodity is given by where is the number of items and is in dollars.
a According to the demand function, what should the price be if one thousand items are available?
b What is the company's revenue under price discrimination if items are available?
c What is the consumers' surplus at sales level
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