The early years of e-commerce are considered:

a. The most promising time in history for the successful implementation of first mover advantages
b. An economist's dream come true, where for a brief time consumers had access to al relevant market information and transaction costs plummeted
c. A stunning technological success as the internet and the web increased from a few thousand to billions of e-commerce transactions per year
d. A dramatic business success as 85% of dot-coms formed since 1995 became flourishing businesses

Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?