The Demand Function for Producing a Certain Commodity Is Given $p = 1000 - 0.1 x - 0.0001 x ^ { 2 }$

question 147

Short Answer

The demand function for producing a certain commodity is given by $p = 1000 - 0.1 x - 0.0001 x ^ { 2 }$ . Find the consumer surplus when the sale level is 500.

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Definitions:

Ownership Percentage

The share of ownership interest a person or entity holds in a company, typically expressed as a percentage of the outstanding shares.

Acquisition Method

The method used in accounting for assets acquired and liabilities assumed in a business combination.

Consolidated Balance Sheet

A financial report that amalgamates the total assets, liabilities, and shareholders' equity of a parent organization and its subsidiaries.

Total Stockholders' Equity

The total net values attributed to the owners of a corporation, calculated as the difference between total assets and total liabilities.