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    Microeconomics Study Set 49
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    Exam 8: Cost Curves
  5. Question
    Suppose\(S T C ( Q ) = 2 Q + 20\)
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Suppose STC(Q)=2Q+20S T C ( Q ) = 2 Q + 20STC(Q)=2Q+20

Question 87

Question 87

Multiple Choice

Suppose STC(Q) =2Q+20S T C ( Q ) = 2 Q + 20STC(Q) =2Q+20 . Short run marginal cost is:


A) indeterminate, since we don't know the level of .
B) 22
C) 20
D) 2

Correct Answer:

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