Business Calculus Quiz
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APPLICATIONS OF INTEGRATION IN BUSINESS/ECONOMICS
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The supply function for a product is
S
(
q
)
=
15
+
2
q
+
25
S(q) = 15 + \sqrt{2q+25}
S
(
q
)
=
15
+
2
q
+
25
. If the market price is fixed at $24, what is the producer surplus?
A
$50.67
B
$150.67
C
$621.33
D
$672.00
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