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Q=-305+77p and p=23.12 what is the producer surplus

Q=-305+77p and p=23.12 what is the producer surplus
asked 141k views
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Q=-305+77p and p=23.12 what is the producer surplus

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User Mats Lind
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8.5k points

1 Answer

6 votes

Q = -305 + 77p


When p = 23.12

Q = -305 + 77(23.12) = -305 + 1780.24 = 1475.24


Answer: 1475.24

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User Luizgrs
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