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Table 4-6 -Refer to Table 4-6.The Equations Above Describe the Demand and Describe

question 35

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Table 4-6
Table 4-6 -Refer to Table 4-6.The equations above describe the demand and supply for Aunt Maud's Premium Hand Lotion.The equilibrium price and quantity for Aunt Maud's lotion are $20 and 30 thousand units.What is the value of producer surplus? A) $600 thousand B) $300 thousand C) $150 thousand D) $30 thousand
-Refer to Table 4-6.The equations above describe the demand and supply for Aunt Maud's Premium Hand Lotion.The equilibrium price and quantity for Aunt Maud's lotion are $20 and 30 thousand units.What is the value of producer surplus?

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