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The Demand Function for a Commodity Is Given By p=20000.1x0.01x2p=2000-0.1 x-0.01 x^{2}

Question 15

Multiple Choice

The demand function for a commodity is given by p=20000.1x0.01x2p=2000-0.1 x-0.01 x^{2} . Find the consumer surplus when the sales level is 125125 .


A) $10458
B) $4458
C) $ 64586458
D) $9458
E) $8458

Correct Answer:

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