Question: Suppose that the supply function for a good is p = 0.1x2 = 3x + 20. If the equilibrium price is $36 per unit, what
Suppose that the supply function for a good is p = 0.1x2 = 3x + 20. If the equilibrium price is $36 per unit, what is the producer's surplus there? In the following equation p is in dollars and x is the number of units.
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