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Find the producer surplus at the equilibrium point. 3) s(x) = x 3, 0 k x k 3; x = 3

Sagot :

The producer surplus at the equilibrium point is 1.0146

An equilibrium (or equilibrium point) of a dynamical machine-generated via an autonomous machine of everyday differential equations (ODEs) is a solution that doesn't change with time.

Equilibrium is the country in which the marketplace delivers and calls for stability each different, and as a result, expenses turn out to be solid. usually, an over-deliver of products or services reasons charges to head down, which leads to higher demand—at the same time as a below-supply or scarcity reasons costs to head up resulting in fewer calls.

The equilibrium equations (balance of linear momentum) are given in index form as(1.4)σji,j+bi=ρu¨i, I,j=1,2,3where σij are additives of (Cauchy) stress, ρ is mass density, and bi is body force additives.

Producer Surplus = area of shadestportion

Area of shaded portion = free of rect minus area of OneD

Aves of OABO=Now serving from

"[3√74-3/5]

= √(x+3)" de

=2 (2√6-√5)

(Jon= √46 = Fure=456-255

(x+3)+1

Area of rectangle OA BC =316

= 3√6

producer surplus = 3√6 - (ure -2√5)

= 2√3-66

= 1.0146

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