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Imagine That You Are an Entrepreneur, Making Designer T-Shirts in Your

Question 25

Multiple Choice

Imagine that you are an entrepreneur, making designer t-shirts in your garage. Your total cost (in dollars) is given by the equation TC = 300 + 10Q, where Q represents the number of t-shirts you make. Your fixed cost is $________, and your marginal cost is $________.


A) 300; 10
B) 300; Q30
C) 300; 10Q
D) 300; Q10

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