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The supply for a particular item is given by the function S(x) = 17 + 0.36x² . Find the producer's surplus if the equilibrium price of a unit $53. The producer's surplus is $

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter3: Functions

Section3.2: Domain And Range

Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...

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The supply for a particular item is given by the function S(x) = 17 + 0.36x² . Find the producer's surplus if the
equilibrium price of a unit $53.
The producer's surplus is $

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