Suppose the demand function D(x) = – 3x+7 and supply function S(x) =2x+2. Find consumer surplus at the equilibrium point. -1 -1.5 1.5

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
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QUESTION 11
Suppose the demand function D(x) = - 3x+7 and supply function S(x) =2x+2.
Find consumer surplus at the equilibrium point.
O -1
-1.5
1.5
Transcribed Image Text:QUESTION 11 Suppose the demand function D(x) = - 3x+7 and supply function S(x) =2x+2. Find consumer surplus at the equilibrium point. O -1 -1.5 1.5
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