Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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The demand curve for a certain product is given by p(q) = 541 - q. The supply curve is given by p(q) = 1.1q. Find the producer surplus at equilibrium.
The producer surplus at equilibrium is $.
If necessary, round to two decimal places. Do not include units.
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Transcribed Image Text:The demand curve for a certain product is given by p(q) = 541 - q. The supply curve is given by p(q) = 1.1q. Find the producer surplus at equilibrium. The producer surplus at equilibrium is $. If necessary, round to two decimal places. Do not include units.
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