Provide an appropriate response.The demand equation for a certain product is p = 400 - 2q, where p is the price per unit (in dollars) for q units. If its supply equation is p = q + 100, then the consumers' surplus when market equilibrium is established is
A. $9000.
B. $9500.
C. $10,000.
D. $10,500.
E. $11,000.
Answer: C
Mathematics
You might also like to view...
Solve the equation.-10x + 8 = -12
A. -10 B. 6 C. -6 D. 2
Mathematics
Find the slope of the line that passes through the given two points. If the slope is undefined, state this.(1, 4) and (13, 19)
A. 
B. 
C. 
D. 
Mathematics
Write the logarithmic equation in exponential form.log5 125 = 3
A. 5125 = 3 B. 53 = 125 C. 35 = 125 D. 1253 = 5
Mathematics
Determine whether the diagram could represent a function.
A. Yes B. No
Mathematics