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A Firm Has a Production Function of , the Rental

Question 167

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A firm has a production function of A firm has a production function of , the rental rate of capital is $15, and the wage rate is $10. In the short run, Is fixed at 100 units. The firm's short-run marginal cost is MC = ____. A) 1,500 + Q/5 B) Q/5 C) 300Q D) 1,500 + Q<sup>0.5</sup> , the rental rate of capital is $15, and the wage rate is $10. In the short run, A firm has a production function of , the rental rate of capital is $15, and the wage rate is $10. In the short run, Is fixed at 100 units. The firm's short-run marginal cost is MC = ____. A) 1,500 + Q/5 B) Q/5 C) 300Q D) 1,500 + Q<sup>0.5</sup>
Is fixed at 100 units. The firm's short-run marginal cost is MC = ____.


A) 1,500 + Q/5
B) Q/5
C) 300Q
D) 1,500 + Q0.5

Correct Answer:

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