Suppose the Following Table Gives the Supply and Demand Schedules

question 150

Multiple Choice

Suppose the following table gives the supply and demand schedules, with p in dollars and x as the number of units. Use Simpson's Rule to approximate the consumer's surplus at market equilibrium. Note that market equilibrium can be found from the tables. ​ ​

• A)$33,846
• B)$27,060
• C)$29,927
• D)$13,420
• E)$31,493

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Definitions:

Tapeworms

Parasitic flatworms that inhabit the digestive tracts of vertebrates, absorbing nutrients from the host's gut.

Anterior End

The front end of an organism's body in a specified direction of movement or anatomical orientation, often corresponding to the head in animals.

Scolex

The head segment of a tapeworm, containing suckers or hooks, which attaches to the intestinal wall of the host organism.

Crown of Cilia

A structure consisting of a ring or tuft of cilia, which are tiny hair-like projections found on certain cells, often used for movement or sensory functions.