A Fast-Food Outlet Finds That the Demand Equation for Its

question 116

Multiple Choice

A fast-food outlet finds that the demand equation for its new side dish, Sweetdough Tidbit , is given by where p is the price (in cents) per serving and q is the number of servings that can be sold per hour at this price. At the same time, the franchise is prepared to sell servings per hour at a price of p cents. Find the consumers surplus at the equilibrium price level.

• A)$6.04
• B)$6.02
• C)$6.10
• D)$6.00
• E)$6.06

---

Definitions:

Harlem Renaissance

A cultural, social, and artistic explosion that took place in Harlem, New York, during the 1920s, celebrating African American cultural expression.

Howard University

A prestigious historically black university in Washington, D.C., known for its significant contributions to African American education and culture.

The New Negro

A term associated with the Harlem Renaissance, referring to African Americans in the early 20th century who advocated for racial pride, cultural self-expression, economic independence, and progressive politics.

Rural Black Culture

A subset of African American culture that developed in the countryside or non-urban areas of the United States.