(Steps Shown) Suppose the supply function for product X is given by Q_x^s=-50+0.5 P_x - 5 P_z How much of product X is produced when P_1=,) 500$ and P_i=,)

Question: Suppose the supply function for product $X$ is given by \(Q_{x}^{s}=-50+0.5 P_x -

5 P_z\)

How much of product $X$ is produced when $P_{1}=\$ 500$ and $P_{i}=\$ 30 ?$
How much of product $X$ is produced when $P_{x}=\$ 50$ and $P_{=}=\$ 30 ?$
Suppose $P_{:}=\$ 30 .$ Determine the supply function and inverse supply function for good $X$. Graph the inverse supply function.

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(Steps Shown) Suppose the supply function for product X is given by Q_x^s=-50+0.5 P_x - 5 P_z How much of product X is produced when P_1=,) 500$ and P_i=,)

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