SOLUTION: he demand curve for a certain product is given by p(q)=551-q^2. The supply curve is given by p(q)=1.1q^2. Find the consumer surplus at equilibrium. The consumer surplus at equil

Question 1150266: he demand curve for a certain product is given by p(q)=551-q^2. The supply curve is given by p(q)=1.1q^2. Find the consumer surplus at equilibrium.
The consumer surplus at equilibrium is$[]
Answer by MathLover1(20850) (Show Source): You can put this solution on YOUR website!
demand curve for a certain product is given by

The supply curve is given by

Find the consumer surplus at equilibrium.
The equilibrium point is where the supply and demand functions are equal.
......solve for

The consumer surplus at equilibrium is$.

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