Business Calculus Quiz
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APPLICATIONS OF INTEGRATION IN BUSINESS/ECONOMICS
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The demand for a particular brand of gourmet coffee is given by the equation p=150−2qp = 150 - 2q, and the supply is given by p=30+qp = 30 + q, where pp is the price in dollars per pound and qq is the quantity in thousands of pounds. What is the consumer surplus at the market equilibrium?
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