The management of the Titan Tire Company has determined that the quantity demanded x of their Super Titan tires/week is related to the unit price p by the relation
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?
where p is measured in dollars and x is measured in units of a thousand. Titan will make x units of the tires available in the market if the unit price is
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?
dollars. Determine the consumers' surplus and the producers' surplus when the market unit price is set at the equilibrium price. Round your answers to the nearest dollar.
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A. CS = $337,012 , PS = $166,346
B. CS = $342,567 , PS = $171,901
C. CS = $343,476 , PS = $172,810
D. CS = $341,333 , PS = $170,667
Answer: D
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Identify the expression as a polynomial or not a polynomial.5
+ 6
+ 3x
A. Polynomial B. Not a polynomial
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