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    Microeconomics Study Set 22
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    Exam 7: The Cost of Production
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    The Total Cost (TC) of Producing Computer Software Diskettes (Q)
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The Total Cost (TC) of Producing Computer Software Diskettes (Q)

Question 19

Question 19

Multiple Choice

The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 5Q. What is the average total cost?


A) 500
B) 5Q
C) 5
D) 5 + (200/Q)
E) none of the above

Correct Answer:

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