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Answer: 34
I hope this helped!
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- Zack Slocum
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Answer:
a. 24
b. 864
Step-by-step explanation:
a. The demand function is:
P = 60 - 2Q
When P = 12:
12 = 60 - 2Q
2Q = 60 - 12
2Q = 48
Q = 48/2 = 24
b. Consumer surplus is given as the integral of Demand function:
![CS = \int\limits {[P(Q) - (p)(Q)] \ dQ\\](https://tex.z-dn.net/?f=CS%20%3D%20%5Cint%5Climits%20%7B%5BP%28Q%29%20-%20%28p%29%28Q%29%5D%20%5C%20dQ%5C%5C)
This implies that:

Yes you do. Place all of the numbers, even repeating ones, in order from slammers to largest and then start crossing out from both sides until you get the middle. For example, in the problem below the median would be 4 bc it’s in the middle
1,2,2,3,4,6,6,7,8