The market for pencils in Eldham is perfectly competitive with no externalities. If market supply is given by P=4+3Q and market price is $29, what is Producer Surplus? Enter a number only. Drop the $ sign. Keep your numbers as fractions as far as possible and round to two digits at the last stage. 41.23

The market for pencils in Eldham is perfectly competitive with no externalities. If market supply is given by P=4+3Q and market price is $29, what is Producer Surplus? Enter a number only. Drop the $ sign. Keep your numbers as fractions as far as possible and round to two digits at the last stage. 41.23

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter24: Perfect Competition

Section: Chapter Questions

Problem 10E

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