Business Calculus Test 4 review, answers and corrections on paper

2000 interest rate r 4 and 13a product has demand

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Unformatted text preview: rate r = 4%, and 13.A product has demand function p, (x) = 100 x and supply function p 2 (x) = 0.lx + 45. (Note that the equilibrium point is (a, b) = (50, 50).) - Find the consumer surplus = (p 1 (x) b) dx and producer surplus = $ - 0 14. Find the average value of the function f(x) (Recall the formula for average value: 15. BONUS!! Integrate xe5xdx lb on [1,4]. f(x)dx.) 10 (b p 2 (x)) dx. -...
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