Multiple Choice
If the long-run total cost curve for each firm is given by TC = 1,000 + 100Q - 10Q2 + Q3, in the long run, the marginal cost is:
A) 1,000.
B) 100Q - 10Q2 + Q3.
C) 1,000/Q + 100 - 10Q + Q2.
D) 100 - 20Q + 3Q2.
Correct Answer:
Verified
Correct Answer:
Verified
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