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A competitive firm has a long-run total cost function c(y) = 3y2 + 675 for y > 0 and c(0) = 0. Its long-run supply
A competitive firm has a long-run total cost function c(y) = 3y2 + 675 for y > 0 and c(0) = 0. Its long-run supply function is described as
a.y =if p > 90, y = 0 if p < 90.
b.y =if p > 88, y = 0 if p < 88.
c.y =if p > 93, y = 0 if p < 99.
d.y =if p > 93, y = 0 if p < 93.
e.y =if p > 95, y = 0 if p < 85.
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