Suppose that a Supply curve is given by Qs = 38 + 3P, and P* =...

Question

Question

Suppose that a Supply curve is given by Qs = 38 + 3P, and P* = 99. What is the value of Producer Surplus?

business economics

Answer 1

Answer #1

Qs = 38t3p at p=99) - As a 38+ 3xgg 297 B 12.67 pc 294 Prodror Coppos a Area of triangle ABC = 1 x beasex height - 1 x 297x (

Answer 2

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