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The supply curve for product X is given by Q X S = -520 + 10 P X . a. Find the inverse supply curve.
The supply curve for productXis given byQXS= -520 + 10PX.
a. Find the inverse supply curve.
P=+Q
b. How much surplus do producers receive whenQx= 440? WhenQx= 1,060?
WhenQX= 440: $
WhenQX= 1,060: $
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