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

question 32

Multiple Choice

A firm has the long-run cost function C(q) = 3q2 + 27.In the long run, it will supply a positive amount of output, so long as the price is greater than

• A)$36.
• B)$44.
• C)$9.
• D)$18.
• E)$23.

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