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In: Economics

The firm has the following marginal cost function: MC ( y ) = 3 +. 25...

The firm has the following marginal cost function: MC ( y ) = 3 +. 25 y what is the change in producer surplus when the price of y changes from $ 20 to $ 50. (Recall, the change in producer surplus is equal to the new producer surplus minus the old producer surplus).

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