The demand curve for product X is given by Qx = 500 - 5PX. a. Find the inverse demand curve. Instruction: Enter all values as integers, or if needed, as a decimal. PX = 100 0.20 Qx Instructions: Enter your responses to the nearest penny (two decimal places). b. How much consumer surplus do consumers receive when Px = $50? $ c. How much consumer surplus do consumers receive when Py = $30? d. In general, what happens to the level of consumer surplus as the price of a good falls? The level of consumer surplus | increases as the price of a good falls