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

Question 60

Question 60

Multiple Choice

If STC = 3q2 + 7q, then:


A) VC = 0.
B) ATC = AFC.
C) FC = 7.
D) ATC = AVC.

Correct Answer:

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