1iven the demand curve dx x-72 and the supply curve sx


Answer all the question given below:

1. Given the demand curve D(x) = (x-7)^2 and the supply curve S(x) = x^2 Only consider values in the first quadrant, from x= 0 to 7 Find the following: a) the equilibrium point (as ordered pair) b) the consumers surplus at the equilibrium point c) the producers surplus at the equilibrium point

2.Find fx and fy for f(x) = e^(5x+7y)

3.Find the 2nd derivatives: fxx; fyy; fyx and fxy for f(x,y) = x(^5)y(^3)-2(x^2) y

Solution Preview :

Prepared by a verified Expert
Mathematics: 1iven the demand curve dx x-72 and the supply curve sx
Reference No:- TGS01522091

Now Priced at $6 (50% Discount)

Recommended (99%)

Rated (4.3/5)