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The demand function for a commodity is p=45+x−x2p = 45 + x - x^2, then the consumer's surplus at equilibrium price p0=25p_0 = 25 will be:

Solution

✅ Correct Option: 2

Setting 25=45+x−x225 = 45 + x - x^2 gives x2−x−20=0x^2 - x - 20 = 0, so x0=5x_0 = 5.

Consumer surplus =∫05(45+x−x2)dx−25(5)=225+12.5−1253−125=4256= \int_0^5 (45+x-x^2)dx - 25(5) = 225 + 12.5 - \frac{125}{3} - 125 = \frac{425}{6}.

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