In this problem, p is in dollars and x is the number of units. Find the producer's surplus at market equilibrium for a product if its demand function is p = 121 - x2 and its supply function is = x2 + 6x + 65. (Round your answer to the nearest cent.)
In this problem, p is in dollars and x is the number of units. Find the producer's surplus at market equilibrium for a product if its demand function is p = 121 - x2 and its supply function is = x2 + 6x + 65. (Round your answer to the nearest cent.)
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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Transcribed Image Text:In this problem, p is in dollars and x is the number of units.
Find the producer's surplus at market equilibrium for a product if its demand function is p = 121 - x2 and its supply function is
p = x2 + 6x + 65. (Round your answer to the nearest cent.)
2$
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