Question: Find the producers surplus if the supply function for pork bellies is given (in dollars) by S(q) = q 5/2 + 2q 3/2 + 50.

Find the producers’ surplus if the supply function for pork bellies is given (in dollars) by S(q) = q^5/2 + 2q^3/2 + 50. Assume supply and demand are in equilibrium at q = 16.

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