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

question 136

Essay

The demand function for a certain commodity is $p ( x ) = \frac { 1800 } { ( x + 5 ) ^ { 2 } }$ , and consumer surplus is 90. What should be the selling price?

---

Definitions:

Simple Rate of Return

A calculation that measures the gain or loss on an investment over a specified period, expressed as a percentage of the investment's cost.

Investment Project

A project in which funds are allotted with the aim of generating financial returns.

Overhauled

Describes a comprehensive inspection, dismantling, and reassembly of equipment or a system, often to restore it to optimal working condition.

New System

A term referring to the introduction or implementation of a novel set of procedures, technologies, or methodologies in an organizational setting.