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Unformatted text preview: These are the problem statements for the suggested problems for 6.6. In general, you will get the problems from the textbook, but I will post questions until everyone has a textbook. 6.6: 5,9,15,17,21, 25,28,29,39,49,53,57 6.6 #5: Find the consumer’s surplus for the given demand function defined by D ( q ) at the point that corresponds to the sales level q as given. D ( q ) = 2 . 5- 1 . 5 q a. q = 1 b. q = 0 6.6 #9 p = D ( q ) is the price (in dollars/unit) at which q units of a particular commodity will be demanded by the market (that is, all q units will be sold at this price), and q is a specified level of production. Find the price p = D ( q ) at which q units will be demanded and compute the corresponding consumer’s surplus. Sketch the demand curve y = D ( q ) and shade the region whose area represents the consumer’s surplus. D ( q ) = 150- 2 q- 3 q 2 ; q = 6 units 6.6 #15 p = S ( q ) is the price (in dollars/unit) at which q units of a particular commodity will be supplied to the market by producers, and q is a specified level of production. Find the pricelevel of production....
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This note was uploaded on 10/23/2011 for the course MATH 136 taught by Professor Prellis during the Spring '08 term at Rutgers.
- Spring '08