The supply for a particular item is given by the function S(x) = 19 + 11x. Find the producer's surplus if the equilibrium price of a unit $195. 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) = 19 + 11x . Find the producer's surplus if the
equilibrium price of a unit $195.
The producer's surplus is $
Transcribed Image Text:The supply for a particular item is given by the function S(x) = 19 + 11x . Find the producer's surplus if the equilibrium price of a unit $195. The producer's surplus is $
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