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The Following Figure Represents the Short-Run Total Cost Function for the Fidget

Question 23

Multiple Choice

The following figure represents the short-run total cost function for the Fidget Company,which produces widgets.The equation for the marginal cost function is: The following figure represents the short-run total cost function for the Fidget Company,which produces widgets.The equation for the marginal cost function is:   A)  MC = 100. B)  MC = 10Q. C)  MC = 10Q<sup>2</sup>. D)  MC = 100Q. E)  MC = 100 + 5Q<sup>2</sup>.


A) MC = 100.
B) MC = 10Q.
C) MC = 10Q2.
D) MC = 100Q.
E) MC = 100 + 5Q2.

Correct Answer:

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