The Demand Function for a Product Is and the Supply

question 161

Multiple Choice

The demand function for a product is and the supply function is , where p is the number of dollars and x is the number of units. Find the consumer's surplus there. Round to the nearest cent. ​

• A) $373.85
• B) $486.00
• C) $583.20​
• D) $1020.60
• E) $583.20

---

Definitions:

Instructor-Led

Instructor-led training is a traditional educational approach where a teacher or expert guides learners through material, often in a classroom setting.

Classroom Training

A traditional form of instruction where a trainer teaches a group of learners in a physical location.

Popular

Liked by many people or considered to be appealing, attractive, or of good quality.

Physical Fidelity

The extent to which a training simulation replicates the real-world physical properties and environment.