Answer to Question #289880 in Microeconomics for Bikas

Question #289880

Find consumer surplus. Given that pd=(6-Q) ², ps=14+Q

Expert's answer

"P_d=P_s,"

"36-12Q+Q^2=14+Q,"

"Q^2-13Q+22=0,"

"Q=2,~P=16,"

"Q=11,~P=25."

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