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The Demand Function for a Certain Brand of Compact Disc

question 56

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The demand function for a certain brand of compact disc is given by The demand function for a certain brand of compact disc is given by The supply function for the compact discs of is given by where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.Determine the producers' surplus if the wholesale market price is set at the equilibrium price.Round your answer to the nearest dollar. A) $11,894 B) $11,667 C) $11,792 D) $11,346 The supply function for the compact discs of is given by The demand function for a certain brand of compact disc is given by The supply function for the compact discs of is given by where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.Determine the producers' surplus if the wholesale market price is set at the equilibrium price.Round your answer to the nearest dollar. A) $11,894 B) $11,667 C) $11,792 D) $11,346 where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.Determine the producers' surplus if the wholesale market price is set at the equilibrium price.Round your answer to the nearest dollar.

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