-The demand function for a certain brand of compact disc is given by
Where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. Determine the consumers' surplus if the wholesale market price is set at $1/disc. Round your answer to the nearest dollar.

A) $26,988
B) $26,667
C) $26,454
D) $26,544

Question

-The demand function for a certain brand of compact disc is given by ​  ​
Where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. Determine the consumers' surplus if the wholesale market price is set at $1/disc. Round your answer to the nearest dollar.
​
A) $26,988 
B) $26,667 
C) $26,454 
D) $26,544

Quizplus · Accepted Answer

The Answer of 
-The demand function for a certain brand of compact disc is given by ​  ​
Where p is the wholesale unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. Determine the consumers' surplus if the wholesale market price is set at $1/disc. Round your answer to the nearest dollar.
​
A) $26,988 
B) $26,667 
C) $26,454 
D) $26,544

-The Demand Function for a Certain Brand of Compact Disc