How much surplus do producers receive

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Reference no: EM13176831

The supply curve for product X is given by QXS = -340 + 10PX .

a. Find the inverse supply curve.

P = + Q

b. How much surplus do producers receive when Qx = 350? When Qx = 1,000?

When QX = 350: $

When QX = 1,000: $

Reference no: EM13176831

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