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If the demand function for a product is and the supply function is
where p is in millions of dollars and x is the number of thousands of units. Find the consumer's surplus. Round your answer to the nearest million dollars.
Productivity
A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
Education
The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means.
Irrigation Systems
Networks of tubes, pumps, and canals used to transport water to agricultural crops to enhance growth when rainfall is not sufficient.
Power Generators
Machines or devices that transform various forms of energy into electrical power.
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