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The Demand Function for a Certain Commodity Is p(x)=4130xp ( x ) = 4 - \frac { 1 } { 30 } x

Question 148

Multiple Choice

The demand function for a certain commodity is p(x) =4130xp ( x ) = 4 - \frac { 1 } { 30 } x Find the consumer surplus when the sales level is 30.


A) 90
B) 45
C) 15
D) 70
E) 30
F) 60
G) 20
H) 80

Correct Answer:

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