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    Principles of Microeconomics Study Set 8
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    Exam 8: Monopoly and Other Forms of Imperfect Competition
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    Given the Total Cost Function,TC = 531 + 14Q,marginal Cost
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Given the Total Cost Function,TC = 531 + 14Q,marginal Cost

Question 35

Question 35

Multiple Choice

Given the total cost function,TC = 531 + 14Q,marginal cost is


A) $531/Q.
B) $14/Q.
C) $531.
D) $14.
E) impossible to calculate with the information provided.

Correct Answer:

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