Suppose the total cost of producing T-shirts can be represented as TC = 50 + 2q. The marginal cost of the 5th T-shirt is

A) 2.
B) 10.
C) 12.
D) 60.


A

Economics

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What will be an ideal response?

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Which of the following ismostlikely to increase the supply of corn?

A. The farm worker's union successfully negotiates a pay increase for corn harvest workers. B. The Surgeon General announces that eating corn bread contributes to baldness in men. C. Congress and the President eliminate subsidies formerly paid to corn farmers. D. Farmers that grow soybeans can also grow corn, and the price of soybeans drops by 75 percent.

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Economists use game theory to analyze __________

Fill in the blank(s) with correct word

Economics