A firm has the production function Q = In the short run it must use exactly 35 units of factor 2. The price of factor 1 is $105 per unit and the price of factor 2 is $3 per unit. The firm's short-run marginal cost function is
A) MC(
Q) = 105.
B) MC(
Q) =.
C) MC(
Q) = 105 + 105Q2.
D) MC(
Q) = 3Q.
E) MC(
Q) = 35.

Question

A firm has the production function Q =  In the short run it must use exactly 35 units of factor 2. The price of factor 1 is $105 per unit and the price of factor 2 is $3 per unit. The firm's short-run marginal cost function is
A) MC(
Q) = 105. 
B) MC(
Q) =. 
C) MC(
Q) = 105 + 105Q2. 
D) MC(
Q) = 3Q. 
E) MC(
Q) = 35.

Quizplus · Accepted Answer

The Answer of A firm has the production function Q =  In the short run it must use exactly 35 units of factor 2. The price of factor 1 is $105 per unit and the price of factor 2 is $3 per unit. The firm's short-run marginal cost function is
A) MC(
Q) = 105. 
B) MC(
Q) =. 
C) MC(
Q) = 105 + 105Q2. 
D) MC(
Q) = 3Q. 
E) MC(
Q) = 35.

A Firm Has the Production Function Q = in the Short