Use the Following to Answer Question 358 -Janet's Poodle Grooming Salon Has a Total Cost Curve Expressed
Use the following to answer question 358:
-Janet's poodle grooming salon has a total cost curve expressed by the equation TC = 100 + 3Q2, where Q is the quantity of dogs groomed.Given this expression,Janet is operating in the:
A) long run.
B) short run,and her fixed cost is $100.
C) long run,and her fixed cost is $100.
D) short run,and there are no fixed costs.
Correct Answer:
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