SOLUTION: The supply function of a certain product is P=50+2Q Where P is the price and Q is the number of units produced. Find the producer surplus at market equilibrium if the market pri

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Question 1121408: The supply function of a certain product is P=50+2Q
Where P is the price and Q is the number of units produced. Find the producer surplus at market equilibrium if the market price is P=90
Found 2 solutions by solver91311, josgarithmetic:
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


This is a Math website and an inappropriate forum for your Economics question.


John

My calculator said it, I believe it, that settles it

Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
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