Question:

Suppose the demand function for a product is given by the

Last updated: 7/20/2022

Suppose the demand function for a product is given by the

Suppose the demand function for a product is given by the function: D(q)=-0.012q + 52.8 Find the Consumer's Surplus corresponding to q = 3, 700 units. (Do not round the results until the very end of your calculations. At that point, round to the nearest tenth, if necessary. It may help you to sketch the demand curve, which crosses the horizontal at q = 4, 400.)