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Find the inverse demand curve

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Reference no: EM132233384

Please provide an answer for the following

The demand curve for product X is given by QXd = 300 - 2PX.

a. Find the inverse demand curve.

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

PX =  -  QXd

b. How much consumer surplus do consumers receive when Px = $45?

c. How much consumer surplus do consumers receive when Px = $30?

Reference no: EM132233384

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