If the Supply Function for a Commodity Is Where

question 35

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 at ? Round your answer to the nearest million dollars. ​

• A) 1,890,953 million dollars
• B) 2,875,020 million dollars
• C) 1,790,850 million dollars
• D) 2,079,000 million dollars
• E) 1,890,000 million dollars

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Definitions:

Casualties

Individuals who are killed, wounded, or missing in action due to conflict, accidents, or disasters.

Union Army

The land force that fought for the Northern states during the American Civil War, primarily against the Confederate Army of the Southern states.

Farm Boys

Typically young males who worked on farms, either as part of their family’s livelihood or as hired hands, especially prevalent in agricultural societies.

Artisans

Skilled craftworkers who make products by hand, often both creating and selling their goods.