A Firm Has the Short-Run Total Cost Function C(y)= 4y2

question 52

Multiple Choice

A firm has the short-run total cost function c(y) = 4y2 + 100.At what quantity of output is short-run average cost minimized?

• A)5
• B)2
• C)25
• D)0.40
• E)None of the above.

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Definitions:

Receptacle

In botany, the part of a flower stalk where the parts of the flower are attached.

Flower Parts

The structural components of a flower, including petals, stamens, carpels, and sepals, each performing specific functions in the reproductive process of plants.

Sepals

The external segments of a bloom, usually green and resembling leaves, that safeguard the budding flower.

Calyx

The collective term for the sepals of a flower.