Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Equations
Demand Functions
Consumer Surplus

Formulas

QA = 656 - 1.7P
QB = 1601 - 0.2P
Total Quantity: Q = QA + QB
Consumer Surplus: Integral of demand curve minus price level

Theorems

Consumer Surplus Calculation
Linear Demand Function

Suitable Grade Level

Grades 10-12, College