2 Supply for art sketchbooks at a price of $p per book can be modelled by P 10 S(p) textbooks p3 p 3 p 10 (a) What is the producer revenue at the shutdown point (b) What is the producer revenue at a price of $20 (c) What is the producer surplus at a price of $20 (d) At what price will producer's supply 100 sketchbooks (e) What is the producer willingness and ability to receive to supply 100 sketchbooks

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2. Supply for art sketchbooks at a price of $p per book can be modelled by P <10 S(p) = = textbooks. p3+p+3 p

2. Supply for art sketchbooks at a price of $p per book can be modelled by P

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