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How much surplus do producers receive

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Reference no: EM131294748

The supply curve for product X is given by QXS = -300 + 10PX .

a. Find the inverse supply curve.

P =  ? + ? Q

b. How much surplus do producers receive when Qx = 300? When Qx = 800?

When QX = 300: $ ?

When QX = 800: $ ?

Reference no: EM131294748

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