menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 46
  4. Exam
    Exam 7: Costs
  5. Question
    If TC = 1,500 + 7
Solved

If TC = 1,500 + 7

Question 12

Question 12

Multiple Choice

If TC = 1,500 + 7.5Q + Q2, the cost function for AVC is AVC = ____.


A) 1,500/Q
B) 7.5 + Q
C) 1,500/Q + 7.5 + Q
D) Q

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q7: Suppose a firm's total cost curve is

Q8: (Table: Detailers for Cars I) <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8428/.jpg"

Q9: A firm with a production function Q

Q10: To find the firm's generalized marginal cost

Q11: (Figure: Cost and Quantity of Output Per

Q13: Assume a company has the long-run production

Q14: A firm is producing 50 units of

Q15: Fran is considering permanently closing down her

Q16: Suppose a firm's total cost and marginal

Q17: Use the following table to answer the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines