The demand curve for electricity, in terms of quantity q (kwh) brought by a consumer, in a given period, as a function of price p ($) is given by the following: p = −0.01q + 5. (a) suppose the price is p = 3.5¢/kwh. find the total payment made by the consumer and the consumer surplus. (b) now suppose the cost of production is given by c = 0.0075q^2+1.3q. find the marginal cost (the supply curve) and find the equilibrium price and demand at this price. (c) at the equilibrium point, find the consumer surplus, the profit of the supplier, and the total social surplus.

Each container is cut from the mould once the plastic has cooled and hardened. unit-level 2 patents are obtained for each new type of container mould. facility-level 3. plastic resins are used as the main direct material for the containers. product-level 4. a plant manager oversees the entire manufacturing operation. facility-level 5. the sales force incurs travel expenses to attend various trade shows throughout the country to market the containers. product-level 6. each container product line has a product line manager. product-level 7 the extrusion machine is calibrated for each batch of containers made. facility-level 8. each type of container has its own unique moulds. unit-level 9. routine maintenance is performed on the extrusion machines. facility-level 10. rent is paid for the building that houses the manufacturing processes. classify each activity as either unit-level, batch-level, product-level, or facility-level.