Multiple Choice
Consider the following supply and demand schedules, with p in dollars and x as the number of units.
Use Simpson's Rule to approximate the producer's surplus at market equilibrium to 2 decimal places. Note that market equilibrium can be found from the tables.
A) $6,466.67
B) $23,333.33
C) $16,166.67
D) $26,366.67
E) $13,133.33
Correct Answer:

Verified
Correct Answer:
Verified
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