Given a cost function C(Q) = 200 + 14Q + 8Q2, what is the marginal cost function?

A. 14 + 16Q
B. 200 + 8Q2
C. 14 + 16Q2
D. 14Q + 8Q2


Answer: A

Economics

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Figure 3-19


Refer to . Sellers whose costs are less than price are represented by which line segment?
a.
AC
b.
CE
c.
BC
d.
CD

Economics

The principal result of the rising value of the U.S. dollar in the mid-1990s was the

A. lower foreign inflation. B. lower U.S. interest rates. C. opportunities for currency speculation. D. attractive investments in U.S. technology.

Economics

If the price is $20 per unit, what is the break even amount of units for technology A?

a. 50 b. 60 c. 70 d. None-They would have to shut down

Economics

If two players in an oligopoly game enter into an agreement whereby one player makes a grim trigger, the other player will honor the agreement only if its (i.e. the other's) annual discount rate is high

Indicate whether the statement is true or false

Economics