Multiple Choice
If supply is P= 20+1/2QS and P = 50, the quantity is ___ and the producer surplus is ___
A) Q = 50, PS = 750
B) Q = 60, PS = 900
C) Q = 70, PS = 400
D) Q = 60, PS = 1800
Correct Answer:
Verified
Correct Answer:
Verified
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