supply curve for product X

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: $ ?

 
"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "Newclient"