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    Business
  3. Study Set
    Microeconomics Theory with Applications
  4. Exam
    Exam 6: Production Cost: One Variable Input
  5. Question
    If STC = 3q<sup>2 </Sup>+ 7q + 15 , Then
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If STC = 3q2 + 7q + 15 , Then

Question 3

Question 3

Multiple Choice

If STC = 3q2 + 7q + 15 , then:


A) AFC = 15.
B) SMC = 6q.
C) VC = 3q2 + 7q.
D) ATC = 3q + 7.

Correct Answer:

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