The supply curve for product X is given by QXS = -440 + 20PX

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The supply curve for product X is given by QXS = -440 + 20PX .

a. Find the inverse supply curve.

P =

b. How much surplus do producers receive when Qx = 420? When Qx = 980?

When QX = 420:

When QX = 980: 

    • 11 years ago
    The supply curve for product X is given by QXS = -440 + 20PX
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