Question: Qs = 6 0 + 8 P - 4 PI + 2 0 F , where Qs is the quantity supplied of the good, P

= 60 + 8

- 4

+ 20

,

where Qs is the quantity supplied of the good, P is the price of the good, PI is the price of an input, and F is the number of firms producing the good.

When PI

=

20

and F

= 60,

the INVERSE supply function is

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