Multiple Choice
The supply function for the CD manufactured by Herald Records is given by 
where p is the unit price in dollars and x stands for the quantity that will be made available in the market by the supplier, measured in units of a thousand.Use Trapezoidal Rule (take n = 8) to estimate the producers'surplus if the price is $8/CD.Round answer to two decimal places.
A) $33,069.99
B) $35,069.99
C) $34,069.99
D) $38,069.99
Correct Answer:
Verified
Correct Answer:
Verified
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