The demand function for a product is where p is in millions of dollars and x is the number of thousands of units. If the equilibrium price is $6 million, what is the consumer's surplus? Round your answer to the nearest million dollars.
A)114 million dollars
B)149 million dollars
C)83 million dollars
D)88 million dollars
E)174 million dollars

Question

The demand function for a product is  where p is in millions of dollars and x is the number of thousands of units. If the equilibrium price is $6 million, what is the consumer's surplus? Round your answer to the nearest million dollars. ​
A)114 million dollars 
B)149 million dollars 
C)83 million dollars 
D)88 million dollars 
E)174 million dollars

Quizplus · Accepted Answer

The Answer of The demand function for a product is  where p is in millions of dollars and x is the number of thousands of units. If the equilibrium price is $6 million, what is the consumer's surplus? Round your answer to the nearest million dollars. ​
A)114 million dollars 
B)149 million dollars 
C)83 million dollars 
D)88 million dollars 
E)174 million dollars

The Demand Function for a Product Is Where P