Calculate the consumers' surplus at the indicated unit price p for the demand equation.(Round your answer to the nearest cent.)
1 answer:
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Answer: 112 inches.
Step-by-step explanation:
You know that the width of the rectangular piece of wood is 4 inches and the width of the strip ribbon is 1/4 inches.
Then, let be "n" the number of strips ribbon that Laura needs to cover the width of the rectangular piece of wood (Assuming that she will cover the wood in the form shown in the figure attached). This is:
To find the lenght of ribbon that Laura needs to conver the wood, you must multiply the number of strips ribbon "n" by the lenght of the rectangular piece of wood, then you get:
