You are about to action:

Object being modified by the action

Do you want to proceed?

Share Video Link

https://www.bitchute.com/video/zsB3leQtIOaW/

Click to copy, then share by pasting into your messages, comments, social media posts and websites.

Embed Video HTML

Click to copy, then add into your webpages so users can view and engage with this video from your site.

Share to Social Media

Share to social media by clicking on the quick share links.

Report Content

Reason

Please select the most appropriate reason from the list provided.

Note: For a more detailed description of each reason, see our Community Guidelines.

Additional Comments

Please add any additonal comments that will help with the assessment of your request.

Note: Copyright claims must contain all the items specified within the Copyright Policy.

Email Submissions

We also accept reports via email. Please see the Guidelines Enforcement Process for instructions on how to make a request via email.

Thank you for submitting your report

We will investigate and take the appropriate action.

Add to Playlist

Applications of Integrals: Economics: Consumer Surplus: Example 1

Next video playing soon

Click to cancel

Autoplay has been paused

Click to watch next video

First published at 17:47 UTC on March 18th, 2019.

#mathematics
#calculus
#science

Math Easy Solutions

MES

subscribers

Your platform for uncensored ideas. BitChute Premium.

BitChute Advertisement

In this video I go over a simple example on illustrating how to determine the consumer surplus when we are given the demand curve function and the amount of products we are looking to sell. The demand curve in this example is given by the function p(x) = 1200 - 0.2x - 0.0001x^2 and the number of sales we are assuming is 500. Once again, the consumer surplus is the amount the consumers overall save when the price is below their perceived value or price willing to pay for the product.

Download the notes in my video: https://1drv.ms/b/s!As32ynv0LoaIhrI-2D4QjTMRpQ_SVQ
View Video Notes on Steemit: https://steemit.com/mathematics/@mes/applications-of-integrals-economics-consumer-surplus-example-1

Related Videos:

Economics: Consumer Surplus: https://youtu.be/rcJCm1wi4lo
Marginal Costs - Economics 101: http://youtu.be/XS-1L6Iq4Wk
Marginal Cost vs Average Cost - Economics 101: http://youtu.be/HiMaLvsTstc
Marginal Cost vs Average Cost Example - Economics 101: http://youtu.be/W2xx0Wtl608
https://youtu.be/TLxmMLFC8tc
https://youtu.be/55jrfODcbWY
Moments and Centers of Mass: Introduction: https://youtu.be/lLSo5Hck6FM
Applications of Integrals: Hydrostatic Pressure and Force: https://youtu.be/fesMt6vmXIo
Applications of Integrals: Surface Area: https://youtu.be/JkDPmAD37qk
Applications of Integrals: Arc Length Function: https://youtu.be/MWKK3qLvSwU
Applications of Integrals: Arc Length Proof: https://youtu.be/2rb4H_rmgxg .