A Firm Has a Long-Run Cost Function, C(q) = 8q²

question 2

Multiple Choice

A firm has a long-run cost function, C(q) = 8q² + 288. In the long run, this firm will supply a positive amount of output, as long as the price is greater than

• A) $200.
• B) $192.
• C) $96.
• D) $48.
• E) $101.

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Definitions:

Repressed Material

Thoughts, memories, or impulses that are pushed out of conscious awareness due to being considered psychologically threatening or unacceptable.

Positive Transference

In psychotherapy, it describes the phenomenon where a patient projects favorable emotions towards the therapist, often mirroring feelings associated with other relationships.

Unconditional Positive Regard

Unqualified caring and nonjudgmental acceptance of another.

Free Association

A method in psychoanalysis where the patient speaks freely to reveal unconscious thoughts and feelings.