The supply curve for product x is given by qxs -520 20px

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The supply curve for product X is given by QXS = -520 + 20PX .

a. Find the inverse supply curve.

P = + Q

b. How much surplus do producers receive when Qx = 400? When Qx = 1,200

When QX = 400: $

When QX = 1,200: $

Reference no: EM13378043

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