If the Supply Function for a Commodity Is Where

question 172

Multiple Choice

If the supply function for a commodity is where p is in millions of dollars and x is the number of thousands of units. What is the producer's surplus when 8 thousand units are sold? Round your answer to the nearest million dollars. ​

• A)1,293 million dollars
• B)3,296 million dollars
• C)3,316 million dollars
• D)170 million dollars
• E)3,356 million dollars

---

Definitions:

Perceived Susceptibility

An individual's belief about the personal risk of acquiring an illness or disease, influencing health behaviors and attitudes.

Perceived Risk

An individual's subjective judgement about the severity and/or likelihood of a risk.

Health Action Process Approach Model

A psychological framework that explains and predicts behavioral changes by considering intention, planning, and action as fundamental stages.

Directly Changing Behaviors

The process of intentionally modifying actions or reactions to achieve a specific goal or outcome, often using techniques like reinforcement or punishment.