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Calculate the Producers' Surplus at the Unit Price pˉ=15\bar { p } = 15

Question 47

Multiple Choice

Calculate the producers' surplus at the unit price pˉ=15\bar { p } = 15 for the following supply equation. p=3+4q13p = 3 + 4 q ^ { \frac { 1 } { 3 } }


A) $80.00
B) $81.00
C) $86.00
D) $89.00
E) $83.00

Correct Answer:

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