<p style="margin-left:0px;margin-right:0px;">In a perfectlycompetitive market: p* = 20</p><p style="margin-left:0px;margin-right:0px;">The firm's costfunction is:</p><p style="margin-left:0px;margin-right:0px;">c(q) = 3 q2+ 44</p><p style="margin-left:0px;margin-right:0px;">What is the firm'sproducer surplus?</p><p style="margin-left:0px;margin-right:0px;">ROUND TO TWO DECIMALPLACES</p><p style="margin-left:0px;margin-right:0px;"/> Expert Answer Answer