A Firm Has the Long-Run Cost Function C(Q)= 4Q2

question 11

Multiple Choice

A firm has the long-run cost function C(Q) = 4Q2 + 64.In the long run, it will supply a positive amount of output, so long as the price is greater than

• A)$64.
• B)$72.
• C)$16.
• D)$32.
• E)$37.

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Definitions:

Collective-Emotional Structures

The shared affective frameworks and emotional norms within a society that influence individual feelings and societal dynamics.

Racial Formation

The process by which social, economic, and political forces determine the content and importance of racial categories, and by which they are in turn shaped by racial meanings.

Omi And Winant

Scholars known for their significant contributions to the theory of racial formation, explaining how race is socially constructed and how it functions in social and political contexts.

Modernity

A term referring to the period marked by the move from feudalism towards capitalism, industrialization, secularization, and the nation-state; represents the societal conditions and mindset resulting from these changes.