A fast-food outlet finds that the demand equation for its new side dish, Sweetdough Tidbit , is given by where p is the price (in cents)per serving and q is the number of servings that can be sold per hour at this price. At the same time, the franchise is prepared to sell servings per hour at a price of p cents. Find the consumers surplus at the equilibrium price level.
A)$6.04
B)$6.02
C)$6.10
D)$6.00
E)$6.06

Question

A fast-food outlet finds that the demand equation for its new side dish, Sweetdough Tidbit , is given by  where p is the price (in cents)per serving and q is the number of servings that can be sold per hour at this price. At the same time, the franchise is prepared to sell  servings per hour at a price of p cents. Find the consumers surplus at the equilibrium price level.
A)$6.04 
B)$6.02 
C)$6.10 
D)$6.00 
E)$6.06

Quizplus · Accepted Answer

The Answer of A fast-food outlet finds that the demand equation for its new side dish, Sweetdough Tidbit , is given by  where p is the price (in cents)per serving and q is the number of servings that can be sold per hour at this price. At the same time, the franchise is prepared to sell  servings per hour at a price of p cents. Find the consumers surplus at the equilibrium price level.
A)$6.04 
B)$6.02 
C)$6.10 
D)$6.00 
E)$6.06

A Fast-Food Outlet Finds That the Demand Equation for Its