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The supply curve for product X is given by QXS

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Question;The supply curve for product X is given by QXS = -520 + 20PX.a. Find the inverse supply curve.P = __ + __ Qb. How much surplus do producers receive when Qx = 400? When Qx = 1,200?When QX = 400: $When QX = 1,200: $

 

Paper#57015 | Written in 18-Jul-2015

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