Suppose the Long-Run Cost Function Is C = 3q

question 93

Multiple Choice

Suppose the long-run cost function is C = 3q. What is the cost-output elasticity for this case?

• A) 1
• B) 3
• C) 1/3
• D) 2

---

Definitions:

Fear Acquisition

The process by which an individual learns to fear a particular stimulus through conditioning or traumatic experiences.

Findings

Results or conclusions derived from scientific research or investigations.

Cognitive Intrusions

Unwanted, disruptive thoughts that intrude into conscious awareness, often associated with stress or trauma.

Obsessions

Persistent, intrusive, and unwanted thoughts, images, or urges that cause significant anxiety or distress.