Find the producers' surplus if the supply function for pork bellies is given by the following. 5/2 3/2 S(q) = q +3q Assume supply and demand are in equilibrium at q = 4. +52 The producers' surplus is $. (Type an integer or decimal rounded to the nearest hundredth as needed.)

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
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Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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Find the producers' surplus if the supply function for pork bellies is given by the following.
5/2 3/2
S(q) q +39
Assume supply and demand are in equilibrium at q = 4.
+52
The producers' surplus is $.
(Type an integer or decimal rounded to the nearest hundredth as needed.)
Transcribed Image Text:Find the producers' surplus if the supply function for pork bellies is given by the following. 5/2 3/2 S(q) q +39 Assume supply and demand are in equilibrium at q = 4. +52 The producers' surplus is $. (Type an integer or decimal rounded to the nearest hundredth as needed.)
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