The Supply Curve of Any Firm Is S_i(p)= P/2

question 18

Multiple Choice

the supply curve of any firm is S_i(p) = p/2.If a firm produces 6 units of output, what are its total variable costs?

• A)$72
• B)$34
• C)$54
• D)$36
• E)There is not enough information given to determine total variable costs.

---

Definitions:

Conditional Formatting

A feature in data visualization and spreadsheet software that changes the appearance of cells based on specific criteria or conditions.

Text Box Control

A user interface feature in software that allows users to input text into a designated field or area.

Conditional Formatting

A feature in data visualization and spreadsheet software that allows cells to be formatted automatically based on their value or the value of other cells.

Report Layout View

A preview or design mode in software applications that allows users to see and modify the layout of a report before finalizing it.