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 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.)