Chan Martinez
04/10/2024 · Junior High School
local business uses the demand equation \( p=32 e^{-0.04 q} \) where \( q \) is the daily sales of tems at a price \( p \) in dollars. Calculate the consumer surplus if the sale price is \( \$ 8 \) per item. (Round your answer to the nearest cent.)
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The consumer surplus when the sale price is $8 per item is approximately $322.72.
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