The supply function for a good is , where p is the number of dollars and x is the number of units. If the equilibrium price is $27 what is the producer's surplus at the equilibrium price? Round to the nearest cent.
A) $88.40
B) $40.00
C) $28.89
D) $78.00
E) $52.00

Question

The supply function for a good is  , where p is the number of dollars and x is the number of units. If the equilibrium price is $27 what is the producer's surplus at the equilibrium price? Round to the nearest cent. ​
A) $88.40 
B) $40.00 
C) $28.89 
D) $78.00 
E) $52.00

Quizplus · Accepted Answer

The Answer of The supply function for a good is  , where p is the number of dollars and x is the number of units. If the equilibrium price is $27 what is the producer's surplus at the equilibrium price? Round to the nearest cent. ​
A) $88.40 
B) $40.00 
C) $28.89 
D) $78.00 
E) $52.00

The Supply Function for a Good Is , Where