Time left 1:12:53 A firm's total short-run cost function is C(y) = 12y³ – 8y? + 30y + 12. At what price will the firm agree to produce assuming that the marginal cost is known? O a. $8.33 b. =$28.67 Oc $11.68 O d. None of the above Clear my choice

Time left 1:12:53 A firm's total short-run cost function is C(y) = 12y³ – 8y? + 30y + 12. At what price will the firm agree to produce assuming that the marginal cost is known? O a. $8.33 b. =$28.67 Oc $11.68 O d. None of the above Clear my choice

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Time left 1:12:53
A firm's total short-run cost function is C(y) = 12y³ – 8y? + 30y + 12.
At what price will the firm agree to produce assuming that the marginal cost is known?
O a. $8.33
b. $28.67
O. $11.68
O d. None of the above
Clear my choice

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