Consider an industry with two firms producing similar products. Each firm's total cost (in dollars) is given below. Mega Corp: TC = 5,000 + 100Q Big Inc: TC = 4,000 + 200Q If each firm produces 10 units, Mega Corp's total cost will ________, and Big Inc's total cost will be ________.
A. $5,100; $4,200
B. $5,000; $4,000
C. $15,000; $14,200
D. $6,000; $6,000
Answer: D
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