Question: A particular commodity has a price - supply equation given by p = 3 6 9 ( 1 . 0 3 5 ) x ,

A particular commodity has a price-supply equation given by p=369(1.035)x, where x is the numbers of items of the commodity demanded when the price is p dollars per item.
(a) Find producers' surplus if the equilibrium quantity is 53 items. (Round your answer to the nearest cent if necessary.) $
(b) Find producers' surplus if the equilibrium price is 2,417 dollars. (Round your answer to the nearest cent if necessary.) $
A particular commodity has a price - supply

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