Question: The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit
The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.
p = 0.01x2 0.2x + 26
Determine the consumers' surplus if the market price is set at $2/cartridge.
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