A supply function is given by $p _ { 3 } ( x ) = 5 + \frac { 1 } { 10 } x$ , where x is the number of units produced. Find the producer surplus when the selling price is $15.
A)100
B)500
C)250
D)1000
E)800
F)400
G)200
H)2000

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The Answer of A supply function is given by $p _ { 3 } ( x ) = 5 + \frac { 1 } { 10 } x$ , where x is the number of units produced. Find the producer surplus when the selling price is $15.
A)100
B)500
C)250
D)1000
E)800
F)400
G)200
H)2000

A Supply Function Is Given By p3(x)=5+110xp _ { 3 } ( x ) = 5 + \frac { 1 } { 10 } xp3​(x)=5+101​x

A Supply Function Is Given By $p _ { 3 } ( x ) = 5 + \frac { 1 } { 10 } x$