a.Find the consumers’ surplus at a price level of = $15 for the price demand equation p = D(x) = (7500-30x)/(300-x). Graph the price demand equation and the price level equation = 15. What region...

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a.Find the consumers’ surplus at a price level of = $15 for the price demand equation p = D(x) = (7500-30x)/(300-x). Graph the price demand equation and the price level equation = 15. What region represents the consumers’ surplus?



Answered Same DayDec 24, 2021

Answer To: a.Find the consumers’ surplus at a price level of = $15 for the price demand equation p = D(x) =...

David answered on Dec 24 2021
118 Votes
1.
15
7500 30
300
7500 30
15
300
200
p
x
p
x
Step Find the demand when the pri
x
i
x
e
x
c
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2. ’ :Step Find the consumers surplus
 
0
200
0
200
0
200
2
0
( )
7500 30
15
300
4500 15
300
80 0 01
$3 000
|
x
CS D x p...
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