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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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#339914 on Dec 2023
#339914 on Dec 2023
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