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The Supply Function for a Good Is , Where

Question 316

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The supply function for a good is The supply function for a good is   , where p is the number of dollars and x is the number of units. If the equilibrium price is $27 what is the producer's surplus at the equilibrium price? Round to the nearest cent. ​ A)  $88.40 B)  $40.00 C)  $28.89 D)  $78.00 E)  $52.00 , where p is the number of dollars and x is the number of units. If the equilibrium price is $27 what is the producer's surplus at the equilibrium price? Round to the nearest cent. ​


A) $88.40
B) $40.00
C) $28.89
D) $78.00
E) $52.00

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