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A Firm Has Fixed Costs of $2,000

Question 22

Multiple Choice

A firm has fixed costs of $2,000. Its short-run production function is y = 4 A firm has fixed costs of $2,000. Its short-run production function is y = 4 , 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) + 3,000. D) 2,000 + 187.50y2. E) 2,000y + 0.19y2. , 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) + 3,000.
D) 2,000 + 187.50y2.
E) 2,000y + 0.19y2.

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