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Mathematics, 19.12.2019 23:31 rodriguezscarlet1713
The management of the titan tire company has determined that the quantity demanded x of their super titan tires/week is related to the unit price p by the relation p = 176 − x2 where p is measured in dollars and x is measured in units of a thousand. titan will make x units of the tires available in the market if the unit price is p = 80 + 1 2 x2 dollars. determine the consumers' surplus and the producers' surplus when the market unit price is set at the equilibrium price. (round your answers to the nearest dollar.)
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