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Employ the Following Supply and Demand Equations

Question 21

Multiple Choice

Employ the following supply and demand equations.
Employ the following supply and demand equations. Write a system of linear inequalities corresponding to the producer surplus. A) P ? 122 - 0.05x; P ? 83; x ? 0 B) P ? 122 - 0.05x; P ? 83 C) P ? 52 + 0.04x; P ? 83; x ? 0 D) P ? 52 + 0.04x; P ? 83; x ? 0
Write a system of linear inequalities corresponding to the producer surplus.


A) P ? 122 - 0.05x; P ? 83; x ? 0
B) P ? 122 - 0.05x; P ? 83
C) P ? 52 + 0.04x; P ? 83; x ? 0
D) P ? 52 + 0.04x; P ? 83; x ? 0

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