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?

Explain the concept of the iron triangle and its components.

Understand the challenges and strategies involved in political campaigns for non-incumbents.

Understand the concept and purposes of depreciation.

Learn how depreciation is calculated using different methods.

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Definitions:

Magnetic Field

A magnetic field is a vector field that surrounds magnets and electric currents, exerting magnetic forces on moving electric charges and magnetic materials.

Exponential Curve

A natural curve that is the rate at which current can rise or fall in an inductor or the rate of charge and discharge for a capacitor.

Time Constant

The amount of time required for the current flow through an inductor or for the voltage applied to a capacitor to reach 63.2% of its total value.

Induced Voltage

Voltage generated in a conductor or coil due to a change in magnetic flux, according to Faraday's law of electromagnetic induction.