n 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 = 196 − x2  and its supply function is  p = x2 + 12x + 182.

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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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 = 196 − x2

 and its supply function is 

p = x2 + 12x + 182.

 (Round your answer to the nearest cent.)

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