A particular commodity has a price-supply equation given by p= 365(1.033, where is the numbers of items of the commodity
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A particular commodity has a price-supply equation given by p= 365(1.033, where is the numbers of items of the commodity
A particular commodity has a price-supply equation given by p= 365(1.033, where is the numbers of items of the commodity derranded when the ance is dan be item (a) Find producers' surplus if the equilibrium quantity is 58 items (Round your answer to the nearest cent if necessary.) $ (b) Find producerst surplus if the equilibrium price is 2,242 dollars. (Round your answer to the nearest centi necessary) $
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