menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Microeconomics Study Set 1
  4. Exam
    Exam 21: Firm Supply-Part A
  5. Question
    A Firm Has the Long-Run Cost Function C(q)= 3q2
Solved

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

Question 32

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.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: A firm's production function is f(x1, x2)=

Q27: Mr.O.Carr has the cost function c(y)= y2

Q28: Suppose that Dent Carr's long-run total cost

Q30: A competitive firm uses two variable factors

Q31: A competitive firm uses two variable factors

Q33: A competitive firm has a long-run total

Q34: In a perfectly competitive industry, the demand

Q35: Marge Costa produces plastic dog dishes using

Q36: A competitive firm uses two inputs and

Q37: A competitive firm has a single factory

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2026) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines