# MATH 12 Foothill College Mathematics Collaborative Worksheet

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AnAnAnWnrzva

Mathematics

MATH 12

Foothill College

MATH

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View attached explanation and answer. Let me know if you have any questions.Hi. Attached is part 2. Thanks and have a nice day.

Section 7.4 Collaborative Activity
Activity #1: Consumers’ and producers’ surplus; equilibrium, total social gain at
equilibrium price
A fast food outlet finds that the demand equation for its new side dish,
“Sweetdough Tidbit,” is given by,
p=

128
(q + 1)2

where p is the price in cents per serving and q is the number of servings per hour
at this price. At the same time, the franchise is prepared to sell q = 0.5 p − 1
servings per hour at a price of p cents.
A) Find the price, p , and equilibrium quantity, q ....

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