A particular commodity has a price-supply equation given by p. 364(1.036), where x is the numbers of Items of the commod
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A particular commodity has a price-supply equation given by p. 364(1.036), where x is the numbers of Items of the commod
A particular commodity has a price-supply equation given by p. 364(1.036), where x is the numbers of Items of the commodity demanded when the price is () Find producers' surplus if the equilibrium quantity is 54 items, (Round your answer to the nearest cont i necessary.) D dollars per item $ (b) Find producers' surplus if the equilibrium price is 2,214 dollars. (Round your answer to the nearest cent if necessary)
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