Suppose That Each Firm Has the Cost Function C(y)= Y²

question 8

Multiple Choice

suppose that each firm has the cost function c(y) = y² + 9 for y = 0 and c(0) = 0.With industry demand given by D(p) = 51 - p, the equilibrium price and equilibrium number of firms in the industry (in that order) will be

• A)$8 and 11.
• B)$3 and 18.
• C)$3 and 48.
• D)$6 and 15.
• E)$6 and 45.

Acknowledge the process of syntactic bootstrapping and its importance in linguistic development.

Identify and explain protodeclaratives and protoimperatives in early communication.

Comprehend the significance of conversational pragmatics and its development in children.

Understand the cognitive processes involved in language acquisition.

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Definitions:

Periodic Review

A systematic evaluation of a process or system at regular intervals to ensure it meets certain standards or goals.

Safety Inventory

Additional inventory kept to protect against variability in demand or supply, ensuring that stockouts are minimized.

Cycle Service Level

A measure of a company's ability to deliver products to customers within the committed time frame, often used as an indication of inventory management effectiveness.

Fill Rate

The percentage of customer demand that is met without backorders or stockouts, reflecting a company's ability to satisfy orders with available inventory.