Find the producer's surplus for a product if its demand function is and its supply function is where p is in millions of dollars and x is the number of thousands of units. Round your answer to the nearest million dollars.
A)53 million dollars
B)44 million dollars
C)40 million dollars
D)36 million dollars
E)47 million dollars

Question

Find the producer's surplus for a product if its demand function is  and its supply function is  where p is in millions of dollars and x is the number of thousands of units. Round your answer to the nearest million dollars. ​
A)53 million dollars 
B)44 million dollars 
C)40 million dollars 
D)36 million dollars 
E)47 million dollars

Quizplus · Accepted Answer

The Answer of Find the producer's surplus for a product if its demand function is  and its supply function is  where p is in millions of dollars and x is the number of thousands of units. Round your answer to the nearest million dollars. ​
A)53 million dollars 
B)44 million dollars 
C)40 million dollars 
D)36 million dollars 
E)47 million dollars

Find the Producer's Surplus for a Product If Its Demand