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

Question 7

Multiple Choice

Find the producer's surplus for a product if its demand function is 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 and its supply function is 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 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

Correct Answer:

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