If the Supply Function for X Units of a Commodity

question 32

Multiple Choice

If the supply function for x units of a commodity is dollars, what is the producer's surplus at ? Round your answer to the nearest dollar. ​

• A)$8,229
• B)$1,969
• C)$3,741
• D)$1,559
• E)$2,730

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Definitions:

Hydrogen

The lightest and most abundant chemical element in the universe, consisting of just one proton and often one electron.

Neutrons

Subatomic particles found in the nucleus of an atom, with no electrical charge and a mass slightly greater than that of protons.

Protons

Positively charged subatomic particles found in the nuclei of atoms which determine the element's identity and properties.

Element

A pure chemical substance consisting of one type of atom, distinguished by its atomic number.