Question 3
Based on the above data, answer the given subquestions.
Producer surplus in this case will be PS = ______________
Question 3: Producer surplus in this case will be PS =
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Correct answer: 1250 or 1250000
Question 3 of 37 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 31 Aug 2025, in the May 2025 term (IIT M IMPROVEMENT FN EXAM QIA1 31 Aug 2025). It carries 1 mark.
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