Suppose the supply function for productXis given by Q_X^S= - 30 + 2P_x- 4P_z.

Instruction:Enter all values as integers, or if needed, a decimal rounded to one decimal place.

a. How much of productXis produced whenP_x= $600 andP_z= $60?

b. How much of productXis produced whenP_x= $80 andP_z= $60?

c. SupposeP_z= $60. Determine the supply function and inverse supply function for goodX. Graph the inverse supply function.

Supply function: Q_X^S=+P_X

Inverse supply function: P_X=+Q_X^S

Instruction:Use the tool provided 'S' to graph the inverse supply function from Q_X= 0 to Q_X= 200 (two points total).