Solution) Suppose that the demand for a Vespa motor scooter is given by D(p)=-0.219{p^2}-0.179p+436.893
Question: Suppose that the demand for a Vespa motor scooter is given by
\[D\left( p \right)=-0.219{{p}^{2}}-0.179p+436.893\]when the price per motor scooter is p thousand dollars.
(a) Find the consumer’s expenditure when the price is $3,300.
(b) Find the consumer’s surplus if the market price is $3,300.
Price: $2.99
Solution: The answer consists of 1 page
Solution Format: Word Document
Solution Format: Word Document
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