Find the producers surplus if the supply function for pork bellies is given (in dollars) by S(q)
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Find the producers’ surplus if the supply function for pork bellies is given (in dollars) by S(q) = q5/2 + 2q3/2 + 50. Assume supply and demand are in equilibrium at q = 16.
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Sq q 52 2q 32 50 q 16 is the equilibrium qua...View the full answer
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