menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Theory with Applications
  4. Exam
    Exam 6: Production Cost: One Variable Input
  5. Question
    If STC = Q<sup>2</sup>- Q + 3, Then
Solved

If STC = Q2- Q + 3, Then

Question 80

Question 80

Multiple Choice

If STC = q2- q + 3, then:


A) AVC = q - 1 and FC = 3.
B) AVC = q- 1 + 3/q and SMC = 2q - 1.
C) SMC = 2q - 1 and VC = q2.
D) FC = - q + 3 and AVC = q.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q75: Slaves in the deep South typically ate

Q76: Given the production function y = min

Q77: A technically efficient technology is one that:<br>A)maximizes

Q78: Which assumption guarantees that the marginal product

Q79: The variable cost function and the total

Q81: If STC = 3q<sup>2 </sup>+ 7q +

Q82: A firm faces a cost function of

Q83: A variable input in a fixed- proportions

Q84: Which of the following cost curves can

Q85: Which of the following is not true

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines