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    Managerial Economics
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    Exam 10: Production and Cost Estimation
  5. Question
    A Theoretical Restriction on the Short-Run Cubic Cost Equation,TVC =
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A Theoretical Restriction on the Short-Run Cubic Cost Equation,TVC =

Question 46

Question 46

Multiple Choice

A theoretical restriction on the short-run cubic cost equation,TVC = aQ + bQ + cQ2,is


A) a > 0,b > 0,c > 0
B) a > 0,b < 0,c > 0
C) a > 0,b > 0,c < 0
D) a > 0,b < 0,c < 0

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