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Under the pure market competition scenario, …

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Under the pure market competition scenario, the demand function 𝑝𝑑 and the supply function 𝑝𝑠 for a certain commodity are given as 𝑝𝑑 = 8 𝑥+1 − 2 and 𝑝𝑠 = 𝑥+3 2 respectively, where 𝑝 is the price and 𝑥 is the quantity of the commodity. Using integrals, find the producer’s surplus.

Posted by Tanushri Bhayani 1 year, 2 months ago

CBSE > Class 12 > Applied Mathematics

2 answers

Preeti Dabral 1 year, 2 months ago

Answer is given below:

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Tanushri Bhayani 1 year, 2 months ago

Thanks dude

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CBSE > Class 12 > Applied Mathematics