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Calculate the change in producer surplus when the market price increases from $13 to $14 and the quantity supplied increases from 11,000 units to 12,000
Calculate the change in producer surplus when the market price increases from $13 to $14 and the quantity supplied increases from 11,000 units to 12,000 units per month. Assume that the supply curve is linear. Producer surplus will by $ (Round your answer to the nearest penny.)
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