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
You might also like to view...
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
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
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
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.