The demand function for a commodity is given by p = 2000 - 0.1x - 0.01x2 Find

Question:

The demand function for a commodity is given by
p = 2000 - 0.1x - 0.01x2
Find the consumer surplus when the sales level is 100.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Calculus Early Transcendentals

ISBN: 978-0538497909

7th edition

Authors: James Stewart

See More Books

Question Posted: Mar 04, 2016 07:12 AM

See More Questions

Suppose that in a monopolistic market, the demand function for a commodity is where x is the number of units and p is in dollars. If a company's average cost function for this commodity is find the...
The total revenue function for a commodity is given by R = 80x - 0.04x2. (a) Find the marginal revenue function. (b) What is the marginal revenue at x = 100? (c) Interpret your answer in part (b).
The demand function for a certain commodity is given by p = 100e-q/2. (a) At what price per unit will the quantity demanded equal 6 units? (b) If the price is $1.83 per unit, how many units will be...
The cantilever beam AB shown in the figure is subjected to a concentrated load P at the midpoint and a counterclockwise couple of moment M1 = PL/4 at the free end. Draw the shear-force and...
The December 31, 2014, adjusted trial balance of Old Maritime Manufacturing showed the following information:...
Why do most designers use a grid to begin their designs in almost all imaginable design layouts including print, video, and web, etc., even if they know eventually the grid will not be visibly...
A nozzle is designed to accelerate the fluid from $V_{1}$ to $V_{2}$ in a linear fashion. That is, $V=a x+b$, where $a$ and $b$ are constants. If the flow is constant with \(V_{1}=10...
Branson paid $465,000 cash for all of the outstanding common stock of Wolfpack, Inc., on January 1, 2011. On that date, the subsidiary had a book value of $340,000 ( common stock of $200,000 and...
How you and management at your organization could reduce the potential impact of a strike? Explain in details.
In each of the following situations, state whether it is a correctly stated hypothesis testing problem and why (a) H0: = 25, H1 != 25 (b) H0: > 10, H1: = 10 (c) H0: x = 50, H1: x != 50 (d) H0 L p =...
Find the volume obtained when the circle of radius 1 with center (1, 0) is rotated about the -axis.
(a) Explain why the function is a probability density function. (b) Find P(X (c) Calculate the mean. Is the value what you would expect? if0
From the following information supplied by Ms. Sudha, calculate the amount of Net Sales Debtors on April 01, 2005 Debtors on March 31, 2006 Opening balance of bills receivable as on April 01, 2005...
Currently, the term structure is as follows: One-year bonds yield 11.00%, two-year zero-coupon bonds yield 12.00%, three-year and longer maturity zero-coupon bonds all yield 13.00%. You are choosing...
Consider the parametric curve: x=8+11 cost, y=10+11 sint, The cartesian equation of the curve has the form (x - h) + (y - k) = R with h = k = R = and The initial point has coordinates: x = ,y= The...
Daily Oxygen. The density of air under standard temperature and pressure is about 1.29 kg/m. Typically, a person breathes about 0.50 L per breath. Approximately how many kilograms of oxygen (not...
A motor vehicle of total mass 5.7 Mg starts the ascent of a 1 in 50 gradient at a speed of 32 km/h and maintains a constant tractive effort of 3.5 kN throughout the total length of 600 m. The road...
Financial statement analysis. Based on listed companies. Includes a report and a presentation Based on Apple, Microsoft & Microstrategy companies, explore Financial Statement from 2020 until 2022...
Solve the given quadratic equations using the quadratic formula. If there are no real roots, state this as the answer. t 2 + 5t 6 = 0
The first law of thermodynamics is sometimes whimsically stated as, You cant get something for nothing, and the second law as, You cant even break even. Explain how these statements could be...
Air is being pumped into a spherical weather balloon. At any time t, the volume of the balloon is V(t) and its radius is r(t). (a) What do the derivatives dV/dr and dV/dt represent? (b) Express dV/dt...
A particle moves along a horizontal line so that its coordinate at time t is x = b 2 + c 2 t 2 , t > 0, where b and c are positive constants. (a) Find the velocity and acceleration functions. (b)...
A particle moves along a horizontal line so that its coordinate at time t is x = b 2 + c 2 t 2 , t > 0, where b and c are positive constants. (a) Find the velocity and acceleration functions. (b)...
Clara a CPA, has been engaged by nonissuer Baxter Manufacturing Co. to perform a financial statement audit. During the audit, Clara identified a control deficiency that was a significant deficiency...
The following standard cost statement relates to a product which sells for $200 each. The company budgets to produce and sell 4,000 units. The variable overhead costs per unit are $120 and the fixed...
We are going to be spending a lot of time together, Michael, so I think we need to make the best of it." There was an underlying tone of parental condescension in Emma Nelson's voice as she spoke to...

The demand function for a commodity is given by p = 2000 - 0.1x - 0.01x2 Find

Question:

Step by Step Answer:

x 100 P 2000 01100 001100 ...View the full answer

Calculus Early Transcendentals

Students also viewed these Calculus questions