Question: A perfect competitive firm has a long-run cost function, C(a) = 4q^2 + 256. In the long run, this firm will supply a positive

A perfect competitive firm has a long-run cost function, C(a) = 4q^2

A perfect competitive firm has a long-run cost function, C(a) = 4q^2 + 256. In the long run, this firm will supply a positive amount of output, as long as the price is greater or equal to A $96 B $80 C $64 D $256

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