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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
Posted: Wed Jul 06, 2022 6:20 am
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- Question 11 1 Point A Competitive Firm Has The Short Run Cost Function C Y Ay By Cy D Where Y Is The Number Of 1 (33.34 KiB) Viewed 12 times
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