Question: Just need help with these questions..question 3 has two drop down menus. Consider a firm with a cost function C= 16+ 92 Suppose the firm

Just need help with these questions..question 3 has two drop down menus.

Consider a firm with a cost function C= 16+ 92 Suppose the firm can sell its output in a perfectly competitive market at the unit price p. The supply curve of this firm is O a. q5 = 0.5p2 O b. q5 = 0.05p2 O c. q5 = 0.05p O d. qs = 0.5pConsider a firm in a perfectly competitive market. The firm's production function is q=20L + 25K The price of labor is w=4 and the price of capital is r=6. Compute the cost function of this firm. O a. C= 0.2q O b. C = 4q O c. C= 0.292 O d. C= 4q2In a perfectly competitive market, consider a firm with a cost function C=20+2q2 At the output q=2, this firms exhibits of scale. That is, in the neighborhood of q=2, it is becoming relatively to produce more. *Select Answer* economies diseconomies cheaper more expensive

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