The Demand Function for Apex Women's Boots Is ​

question 45

Multiple Choice

The demand function for Apex women's boots is ​ ​
Where p is the wholesale unit price in dollars and x is the quantity demanded daily, in units of a hundred. Find the consumers' surplus if the wholesale price is set at $60/pair.
​

• A) ≈ $2,794
• B) ≈ $3,131
• C) ​≈ $3,223
• D) ​≈ $2,054

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