A Firm Has a Long-Run Cost Function, C(q)= 3q²

question 15

Multiple Choice

A firm has a long-run cost function, C(q) = 3q² + 108.In the long run, this firm will supply a positive amount of output, as long as the price is greater than

• A)$72.
• B)$80.
• C)$36.
• D)$18.
• E)$41.

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Definitions:

Schizophrenia

A psychiatric disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.

Neurotransmitter Activity

The function of chemical messengers in the nervous system that transmit signals across synapses from one neuron to another.

Genetic Vulnerability

The increased likelihood of developing a disorder based on the genes inherited from one's parents.

Heredity

The genetic transmission of traits from parents to offspring, influencing physical and sometimes behavioral characteristics.