Question: Question 6 (1 point) The short run total cost function for a competitive firm is given as. C(Q) = 80 + Q2 +50. What is

Question 6 (1 point) The short run total cost function for

Question 6 (1 point) The short run total cost function for a competitive firm is given as. C(Q) = 80 + Q2 +50. What is the price at which the firm will be indifferent between producing a positive output and shutting down? ( 1) 8 2) 11 ( 3) 6 ( 4) 4

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2. Information that comes most readily to mind (availability).

3. An initial value (anchoring).

4. Similarity (representativeness).