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Use the Following General Linear Supply Function: Where

Question 45

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Use the following general linear supply function: Use the following general linear supply function:   where   is the quantity supplied of the good,P is the price of the good,   is the price of an input,and F is the number of firms producing the good.When   = $40 and F = 50,the INVERSE supply function is A) P = -36.667 + 0.1667Q<sub>s</sub>. B) P = -220 + 6Q<sub>s</sub>. C) P = 220 + 0.1667Q<sub>s</sub>. D) P = 220 + 6Q<sub>s</sub>. where Use the following general linear supply function:   where   is the quantity supplied of the good,P is the price of the good,   is the price of an input,and F is the number of firms producing the good.When   = $40 and F = 50,the INVERSE supply function is A) P = -36.667 + 0.1667Q<sub>s</sub>. B) P = -220 + 6Q<sub>s</sub>. C) P = 220 + 0.1667Q<sub>s</sub>. D) P = 220 + 6Q<sub>s</sub>. is the quantity supplied of the good,P is the price of the good, Use the following general linear supply function:   where   is the quantity supplied of the good,P is the price of the good,   is the price of an input,and F is the number of firms producing the good.When   = $40 and F = 50,the INVERSE supply function is A) P = -36.667 + 0.1667Q<sub>s</sub>. B) P = -220 + 6Q<sub>s</sub>. C) P = 220 + 0.1667Q<sub>s</sub>. D) P = 220 + 6Q<sub>s</sub>. is the price of an input,and F is the number of firms producing the good.When Use the following general linear supply function:   where   is the quantity supplied of the good,P is the price of the good,   is the price of an input,and F is the number of firms producing the good.When   = $40 and F = 50,the INVERSE supply function is A) P = -36.667 + 0.1667Q<sub>s</sub>. B) P = -220 + 6Q<sub>s</sub>. C) P = 220 + 0.1667Q<sub>s</sub>. D) P = 220 + 6Q<sub>s</sub>. = $40 and F = 50,the INVERSE supply function is


A) P = -36.667 + 0.1667Qs.
B) P = -220 + 6Qs.
C) P = 220 + 0.1667Qs.
D) P = 220 + 6Qs.

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