A Firm Has Fixed Costs of $2,000

question 31

Multiple Choice

A firm has fixed costs of $2,000.Its short-run production function is y = 4x^1/2, where x is the amount of variable factor it uses.The price of the variable factor is $3,000 per unit.Where y is the amount of output, the short-run total cost function is

• A)5,000y.
• B)2,000 + 3,000y.
• C)2,000/y + 3,000.
• D)2,000 + 187.50y2.
• E)2,000y + 0.19y2.

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Definitions:

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A form of psychotherapy that focuses on modifying undesirable behaviors through conditioning and reinforcement.

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A therapeutic approach and theory of psychology developed by Sigmund Freud, focusing on unconscious processes and childhood experiences.