May 30th, 2013, 07:41 AM  #1 
Member Joined: Feb 2012 Posts: 94 Thanks: 0  Producer/Consumer Surplus
So I did this question and I thought my answers were right but I didn't get any marks for this question and I was wondering why. My CS was: 32.28 My PS was: 33 Can somebody do the question and post what they got? 
May 30th, 2013, 09:14 AM  #2 
Math Team Joined: Sep 2007 Posts: 2,409 Thanks: 6  Re: Producer/Consumer Surplus
I have no idea how you got "CS= 32.28" and "PS= 33". Those are so far off (I got one digit integer values) I am concerned that you just want someone to do the problem for you and just made up those numbers. Please show HOW you did the problem yourself. 
May 30th, 2013, 09:10 PM  #3  
Member Joined: Feb 2012 Posts: 94 Thanks: 0  Re: Producer/Consumer Surplus Quote:
I found both integrals, then used the CS/PS formula. D integral=30ln(q+2)+6q S integral= 3(p1)^(4/3) etc etc Also, this question was on a test I did, hence why I said I didn't get any marks.  

Tags 
producer or consumer, surplus 
Thread Tools  
Display Modes  

Similar Threads  
Thread  Thread Starter  Forum  Replies  Last Post 
Consumer's surplus  helloprajna  Economics  0  January 16th, 2014 09:49 PM 
consumer/ supply surplus!  hamburgertime  Calculus  0  December 13th, 2013 03:17 PM 
Consumer and Producer Surplus  BrianMX34  Calculus  2  December 11th, 2012 04:34 PM 
Question on Derivative (Consumer Theory)  edwinh  Calculus  6  July 8th, 2012 07:54 PM 
help with consumer arithmetic project  mujuru  Algebra  2  May 12th, 2010 05:01 PM 