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Solve the Problem D(x)=2exD(x)=2 e^{x} And the Supply Function Is S(x)=8e−xS(x)=8 e^{-x}

Question 74

Multiple Choice

Solve the problem.
-Suppose the demand function of a certain item is given by D(x) =2exD(x) =2 e^{x} and the supply function is S(x) =8e−xS(x) =8 e^{-x} . Find the producer's surplus. Round to three decimal places.


A) 0.228
B) 0.773
C) 0.664
D) 1.337

Correct Answer:

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