A perfectly competitive frim has the total cost curve is given by:TC = 270+13q+0.4q2. What is the firm fixed cost? A. 13q+0.4q2 B. 270 C. 270+13q D. 27
A perfectly competitive frim has the total cost curve is given by:TC = 270+13q+0.4q2. What is the firm fixed cost? A. 13q+0.4q2 B. 270 C. 270+13q D. 27
Chapter9: Perfect Competition
Section: Chapter Questions
Problem 7WNG
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A
A.
13q+0.4q2
B.
270
C.
270+13q
D.
27
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