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

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