Find the producers' surplus at a price level of p $51 for the price-supply equation below.S(x) 5+0.1x + 0.0003x2pThe producers' surplus is $(Round to the nearest integer as needed.)

Given price-supply equation is,

Answered: Find the producers' surplus at a price…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter9: Quadratic Functions And Equations

Section9.6: Solving Quadratic Equations By Using The Quadratic Formula

Problem 15CYU

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Find the producers' surplus at a price level of p $51 for the price-supply equation below. S(x) 5+0.1x + 0.0003x2 p The producers' surplus is $ (Round to the nearest integer as needed.)