The supply curve for product X is given by QXS = -520 + 20PX .

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The supply curve for product X is given by QXS = -520 + 20PX .

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a. Find the inverse supply curve.

P = __ + __ Q

b. How much surplus do producers receive when Qx = 400? When Qx = 1,200?

When QX = 400: $

When QX = 1,200: $

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