The demand function for a commodity is given by Find the consumer surplus when the sales level is 100.


a. $9,167
b. $7,167
c. $11,167
d. $8,167
e. $10,167


b. $7,167

Mathematics

You might also like to view...

Answer the question(s) based on the following situation: Over the last 80 years records have been kept of the annual rainfall in the Tasmanian desert. The distribution of annual rainfall is approximately normal and has no outliers. The minimum of 2.5 inches of rain occurred in 1959; the maximum of 9.7 inches of rain occurred in 1938.What is the approximate average annual rainfall over the last 80 years?

A. 4.3 inches B. 5.2 inches C. 3.2 inches D. 6.1 inches E. none of these

Mathematics

Find the LCM of the given polynomials.x, x + 4

A. x + 4 B. x(x + 4) C. x2(x + 4) D. x

Mathematics

Select the correct graph of the following function. ?

A. ?
B. ?
C. ?
D. ?
E. ?

Mathematics

Suppose that the utility function for two commodities is given by , and the budget constraint is . Find the values of

data-wiris-created="true" src="https://sciemce.com/media/3/ppg__cognero__Chapter_14_Functions_of_Two_or_More_Variables__media__061f1b30-3e20-4f76-9071-0926284973fc.PNG" style="vertical-align:middle;" /> and that maximize utility.
?

A. The maximum is at .
B. The maximum is at .
C. The maximum is at .
D. The maximum is at .
E. The maximum is at .

Mathematics