Multiple Choice
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 costs are $100.
C) long run,and her fixed costs are $100.
D) short run,and there are no fixed costs.
Correct Answer:
Verified
Correct Answer:
Verified
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