4. The supplier of Apex women's boots will make x hundred pairs of the boots available in the market daily when the unit price is 50х – dollars. Find the producers' 20- х p = S(x)= surplus if the price is set at p = $40/ pair .

4. The supplier of Apex women's boots will make x hundred pairs of the boots available in the market daily when the unit price is 50х – dollars. Find the producers' 20- х p = S(x)= surplus if the price is set at p = $40/ pair .

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

4. The supplier of Apex women's boots will make x
hundred pairs of the boots available in the market
daily when the unit price is
50x
p = S(x)=
- dollars. Find the producers'
20 – x
surplus if the price is set at p = $40/ pair .

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