(a) Find the total cost if the marginal cost is MC = Q + 5 and fi xed costs are 20. (b) Find the total cost if the marginal cost is MC = 3e 0.5 Q and fi xed costs are 10.
(a) Find the total cost if the marginal cost is MC = Q + 5 and fi xed costs are 20. (b) Find the total cost if the marginal cost is MC = 3e 0.5 Q and fi xed costs are 10.
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 9SQP
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(a) Find the total cost if the marginal cost is
MC = Q + 5
and fi xed costs are 20.
(b) Find the total cost if the marginal cost is
MC = 3e 0.5 Q
and fi xed costs are 10.
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