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

Question 89

Question 89

Multiple Choice

Suppose a firm's total cost curve is TC = Q2 + Q + 100. The firm's average variable cost is AVC = ____.


A) Q2 + Q + 100
B) 2Q + 1
C) Q + 1 + (100/Q)
D) Q + 1

Correct Answer:

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