The willingness of saddle producers to supply saddles can be modeled by the following function: where saddles are sold for p thousand dollars. Find the producers' surplus when the market price is $7500. Round your answer to the nearest million dollars.
A) $9 million
B) $48 million
C) $39 million
D) $141 million
E) $6 million

Question

The willingness of saddle producers to supply saddles can be modeled by the following function:  where saddles are sold for p thousand dollars. Find the producers' surplus when the market price is $7500. Round your answer to the nearest million dollars.
A) $9 million 
B) $48 million 
C) $39 million 
D) $141 million 
E) $6 million

Quizplus · Accepted Answer

The Answer of The willingness of saddle producers to supply saddles can be modeled by the following function:  where saddles are sold for p thousand dollars. Find the producers' surplus when the market price is $7500. Round your answer to the nearest million dollars.
A) $9 million 
B) $48 million 
C) $39 million 
D) $141 million 
E) $6 million

The Willingness of Saddle Producers to Supply Saddles Can Be