Consumers' Surplus It is known that the quantity demanded of a certain make of portable hair dryer is x hundred units/week and the corresponding wholesale unit price is P= √289 - 8x dollars. Determine the consumers' surplus if the market price is set at $9/unit. (Round your answer to two decimal places.)

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter12: Quadratic Functions
Section12.8: Joint And Combined Variation
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Consumers' Surplus It is known that the quantity demanded of a certain make of portable hair dryer is x hundred units/week and the corresponding wholesale unit price is
P= √289 - 8x
dollars. Determine the consumers' surplus if the market price is set at $9/unit. (Round your answer to two decimal places.)
Transcribed Image Text:Consumers' Surplus It is known that the quantity demanded of a certain make of portable hair dryer is x hundred units/week and the corresponding wholesale unit price is P= √289 - 8x dollars. Determine the consumers' surplus if the market price is set at $9/unit. (Round your answer to two decimal places.)
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