The supply for a particular item is given by the function S (x) = 18+ 0.36x². Find the producer's surplus if the equilibrium price of a unit $54. The producer's surplus is $

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 43E
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The supply for a particular item is given by the function S (x) = 18+ 0.36x². Find the producer's
surplus if the equilibrium price of a unit $54.
The producer's surplus is $
Transcribed Image Text:The supply for a particular item is given by the function S (x) = 18+ 0.36x². Find the producer's surplus if the equilibrium price of a unit $54. The producer's surplus is $
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