$Q _ { s } = 40 + 6 P - 8 P _ { I } + 10 F$

question 57

Multiple Choice

$Q _ { s } = 40 + 6 P - 8 P _ { I } + 10 F$ where $Q _ { s }$ is the quantity supplied of the good, P is the price of the good, $P _ { I }$ is the price of an input, and F is the number of firms producing the good.
-If $P _ { I }$ = $20, F = 60, and the demand function is $Q _ { d } = 600 - 6 P$ the equilibrium price and quantity are, respectively,

• A) P = $10 and Q = 640.
• B) P = $8 and Q = 326.
• C) P = $10 and Q = 540.
• D) P = $8 and Q = 640.
• E) none of the above.

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Definitions:

Political Skill

The ability to effectively understand and influence others in a workplace or organizational context, often to achieve personal or organizational objectives.

Job Performance

The level of effectiveness and efficiency a person demonstrates in accomplishing job-related tasks and responsibilities.

Career Success

The achievement of desired job-related outcomes, at any point in an individual’s work life.

Machiavellianism

A personality trait that involves manipulation and exploitation of others, a cynical disregard for morality, and a focus on self-interest and deception.