The Demand Function for a Certain Commodity Is $p ( x ) = \frac { 1800 } { ( x + 5 ) ^ { 2 } }$

question 176

Essay

The demand function for a certain commodity is $p ( x ) = \frac { 1800 } { ( x + 5 ) ^ { 2 } }$ . Find the consumer surplus when the selling price is $18.

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Definitions:

Specific Explanation

A detailed and explicit description or clarification of a subject or concept, leaving little to no room for ambiguity or misunderstanding.

Routine Messages

Communications that are part of the normal day-to-day operations in a business or organization, often standardized and dealing with regular activities.

Business Tone

The professional and formal manner of communication used in business environments.

Sales Report

A document or record that provides detailed information about sales performance over a specific period.