Let P represent price; let QS represent quantity supplied; and assume the equation of the supply curve is 
.If 90 units of the good are produced and sold,then producer surplus amounts to $1,350.
Definitions:
Safety Committees
Groups formed within organizations to identify safety and health issues and to develop strategies to improve workplace safety.
Union Representation
The act of a labor union acting as an intermediary between its members and the management of an organization, negotiating terms of employment.
Board of Directors
A group of individuals elected to represent shareholders and make decisions on major company issues, including corporate policies and strategies.
Workers' Compensation
An insurance program that provides financial and medical benefits to employees who are injured or become ill as a direct result of their job.
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