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Suppose the daily supply equation for noise cancelling wireless headphones is given by P = S(x) = 70 + 60e0.05x where p is in dollars

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Suppose the daily supply equation for noise cancelling wireless headphones is given by P = S(x) = 70 + 60e0.05x where p is in dollars and x is the number of headphones produced daily. Determine the quantity supplied if the market price is 310 dollars. In ( 4) Quantity supplied (exact value) = units 0.05 Determine the producer surplus at the market price of 310 dollars. Producer surplus (exact value) = dollars X Producer surplus (rounded to the nearest dollar) = X dollars

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