Donald has a demand function for apples that is given by the equation q=72-4p where q is the quantity of apples consumed every week, and p is the price of one apple. If the price of apples is $8. What is the weekly level of Donald's gross surplus from consuming apples?

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17-06-2024
Business

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Donald has a demand function for apples that is given by the equation q=72-4p where q is the quantity of apples consumed every week, and p is the price of one apple. If the price of apples is $8. What is the weekly level of Donald's gross surplus from consuming apples?

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