A Firm Has a Long-Run Cost Function, C(q) = 9q²

question 6

Multiple Choice

A firm has a long-run cost function, C(q) = 9q² + 9. In the long run, this firm will supply a positive amount of output, as long as the price is greater than

• A) $36.
• B) $44.
• C) $9.
• D) $18.
• E) $23.

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Definitions:

Backward Messages

A message recorded backward onto a track that is meant to be played forwards; often associated with subliminal or hidden messages in audio recordings.

Rock Records

Hard, solid materials of the earth's surface, containing a record of the planet's geological history.

Unconsciously

Without conscious awareness; occurring in the mind without one's conscious recognition or realization.

Feature Detector

Neurons in the brain that respond to specific attributes or patterns, such as shapes, angles, or movement.