Question: 36.A competitive firm has the short-run cost function c ( y )=2 y 3-16 y 2+128 y +10. The firm will produce a positive amount
36.A competitive firm has the short-run cost functionc(y)=2y3-16y2+128y+10. The firm will produce a positive amount in the short run if and only if the price is greater than
| a. | $192. |
| b. | $48. |
| c. | $99. |
| d. | $96. |
| e. | $95. |
37.Mr. DentCarr'stotal costs are 2s2+40s+40. If he repairs 10 cars, his average variable costs will be
| a. | $60. |
| b. | $64. |
| c. | $80. |
| d. | $120. |
| e. | $40. |
____39.Suppose that DentCarr'slong-run total cost of repairing s cars per week isc(s)=2s2+50. If the price he receives for repairing a car is $8, then in the long run, how many cars will he fix per week if hemaximizeprofits?
| a. | 2 |
| b. | 0 |
| c. | 4 |
| d. | 3 |
| e. | 6 |
____41.A firm has a long-run cost function,C(q)=9q2+9. In the long run, this firm will supply a positive amount of output, as long as the price is greater than
| a. | $36. |
| b. | $44. |
| c. | $9. |
| d. | $18. |
| e. | $23. |
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