Question 11 (1 point) A competitive firm has the short-run cost function c(y) = ay³ by² + cy+d, where y is the number of
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Question 11 (1 point) A competitive firm has the short-run cost function c(y) = ay³ by² + cy+d, where y is the number of
Question 11 (1 point) A competitive firm has the short-run cost function c(y) = ay³ by² + cy+d, where y is the number of the output, a, b, c, d are some constants. Suppose that a-2. b-18, c-139 and d-85. The firm will produce a positive amount in the short run if (Answer up to 2 decimal places.) and only if the price is greater than $ Your Answer: Answer stien 12 (1 point) ✔ Saved घ