The Demand Function for a Commodity Is Given By $p=2000-0.1 x-0.01 x^{2}$

question 15

Multiple Choice

The demand function for a commodity is given by $p=2000-0.1 x-0.01 x^{2}$ . Find the consumer surplus when the sales level is $125$ .

• A) $10458
• B) $4458
• C) $ \(6458\)
• D) $9458
• E) $8458

Understand the distinctions between types of contracts and their enforceability.

Know the implications of contracts involving competition restrictions.

Distinguish between different forms of contracts and the necessity of writing for enforceability.

Recognize the role of public policy in the validity of contracts.

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