For the Given Supply and Demand Equations, Find the Consumer

question 65

Multiple Choice

For the given supply and demand equations, find the consumer surplus. Round to the nearest dollar. Demand Supply
P = 160 - 0.00006x p = 110 + 0.00003x

• A)$9,259,259
• B)$10,185,185
• C)$11,111,111
• D)$13,888,889
• E)$4,629,630

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Definitions:

Suspension

The state of being hung or supported from above, or a system of springs and shock absorbers in a vehicle that cushions and absorbs road shocks.

Per Dose

Referring to the specified amount of medication or substance to be taken or administered each time, as part of a treatment regimen.

Intravenous Setup

Equipment and procedure used for administering fluids, medications, or nutrients directly into a vein.

Infusion Clamp

A device used to control the flow rate of intravenous fluids during an infusion.