Suppose the Long-Run Cost Function Is C = 2q2

question 119

Multiple Choice

Suppose the long-run cost function is C = 2q2. What is the cost-output elasticity for this case?

• A) 1
• B) 2
• C) 1/2
• D) 4

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The degree to which a person's physical features are considered aesthetically pleasing or beautiful by others.

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