Question: Solve a Consumers' or Producers' Surplus Problem. The price - supply equation for some commodity is given by p = S ( x ) =

Solve a Consumers' or Producers' Surplus Problem.
The price-supply equation for some commodity is given by
p=S(x)=12+2.6x
and the equilibrium point is (19,61.4) Find the producers' surplus.
The surplus is (Your answer must begin with $.)
Solve a Consumers' or Producers' Surplus Problem.

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