Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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