Question

The supply curve is given as $𝑝 = 10 + 𝑥 + 0.1𝑥^2$, where 𝑝 is the market price and 𝑥 is the quantity of goods supplied. The change in the producer surplus due to an increase in market price from 30 to 70 is ____. (rounded off to nearest integer).

Answer 1

The correct answer is :616