Question 10 The supply function of a certain product is
P=16 + 20
where P is the price and Q is the number of units produced. Find the producer surplus if the market price
P=200​

Aprobability experiment is conducted in which the sample space of the experiment is s={7,8,9,10,11,12,13,14,15,16,17,18}, event f={7,8,9,10,11,12}, and event g={11,12,13,14}. assume that each outcome is equally likely. list the outcomes in f or g. find p(f or g) by counting the number of outcomes in f or g. determine p(f or g) using the general addition rule.