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Commerce · Q971

Economics

Graduate and Post Graduate · Commerce · question 971

Q971

The short-run cost function of a firm is as follows: TC = 200 + 5Q + 2Q2 Where TC = Total Cost, Q = Physical units of the product of the firm What would be the level of optimum output ?

A.
5
B.
10
Answer
C.
12
D.
15

Answer: Option B

Solution

Answer: Option B
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