Find the Producer's Surplus for a Product If Its Demand

question 282

Multiple Choice

Find the producer's surplus for a product if its demand function is and its supply function is where p is in millions of dollars and x is the number of thousands of units. Round your answer to the nearest million dollars. ​

• A) 53 million dollars
• B) 44 million dollars
• C) 40 million dollars
• D) 36 million dollars
• E) 47 million dollars

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