Find the inverse demand curve

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The demand curve for product X is given by QXd = 380 - 2PX.

a. Find the inverse demand curve.

Instruction: Enter all values as integers, or if needed, as a decimal.

PX =  -  QXd

Instructions: Enter your responses to the nearest penny (two decimal places).

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

c. How much consumer surplus do consumers receive when Px = $25?

Reference no: EM132360246

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