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The supply curve for product X is given by Q X S = -340 + 10 P X . a. Find the inverse supply curve.
The supply curve for productXis given byQXS= -340 + 10PX.
a. Find the inverse supply curve.
P=___+____Q
b. How much surplus do producers receive whenQx= 350? WhenQx= 1,000?
WhenQX= 350: $
WhenQX= 1,000: $
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