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If the Demand Function for a Product Is and the Supply

Question 340

Multiple Choice

If the demand function for a product is If the demand function for a product is and the supply function is where p is in millions of dollars and x is the number of thousands of units. Find the consumer's surplus. Round your answer to the nearest million dollars. ​​ A) ​270 million dollars B) ​267 million dollars C) ​257 million dollars D) ​181 million dollars E) ​219 million dollars and the supply function is If the demand function for a product is and the supply function is where p is in millions of dollars and x is the number of thousands of units. Find the consumer's surplus. Round your answer to the nearest million dollars. ​​ A) ​270 million dollars B) ​267 million dollars C) ​257 million dollars D) ​181 million dollars E) ​219 million dollars where p is in millions of dollars and x is the number of thousands of units. Find the consumer's surplus. Round your answer to the nearest million dollars. ​​


A) ​270 million dollars
B) ​267 million dollars
C) ​257 million dollars
D) ​181 million dollars
E) ​219 million dollars

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