Find the producers' surplus at a price level of p = $90 for the price-supply equation below.%3Dp= S(x) = 20 + 0.4x + 0.003x?...The quantity supplied at the price p is x =(Round to the nearest whole number as needed.)

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Answered: p = S(x) = 20 + 0.4x + 0.003x? The…

p = S(x) = 20 + 0.4x + 0.003x? The quantity supplied at the price p is x = D (Round to the nearest whole number as needed.)

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

ChapterP2: Microeconomics Policy Issues

Section: Chapter Questions

Problem 3KC

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Question

Find the producers' surplus at a price level of p = $90 for the price-supply equation below.
%3D
p= S(x) = 20 + 0.4x + 0.003x?
...
The quantity supplied at the price p is x =
(Round to the nearest whole number as needed.)

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