Multiple Choice
-The demand function for a certain brand of compact disc is given by
Where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. Determine the consumers' surplus if the wholesale market price is set at $1/disc. Round your answer to the nearest dollar.
A) $26,988
B) $26,667
C) $26,454
D) $26,544
Correct Answer:

Verified
Correct Answer:
Verified
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