# consumers

1. ### Consumers' Surplus for Calculus

The demand function for a certain make of replacement cartridges for a water purifier is given by: p=-0.01x^2-0.1x+6 where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. Determine the consumers' surplus if the market price is set at...

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### consumers' and producers' surplus

Determine consumers’ surplus and producers’ surplus under market equilibrium if the demand equation is p = 400 − q2 and the supply equation is p = 20q + 100. I got (10,300) as equilibrium pt. Therefore, I ended up with -6883000 for consumer surplus and -927000 for producers surplus. I'm...