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    Microeconomics Study Set 46
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    Exam 7: Costs
  5. Question
    Suppose a Firm's Total Cost Curve Is TC = 5Q<sup>2</sup>
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Suppose a Firm's Total Cost Curve Is TC = 5Q2

Question 29

Question 29

Multiple Choice

Suppose a firm's total cost curve is TC = 5Q2 + 6Q + 125. The firm's average variable cost is AVC = ____.


A) 10Q + 6
B) 5Q + 6 + (125/Q)
C) 5Q + 6
D) 5Q2 + 6Q

Correct Answer:

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