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    Business
  3. Study Set
    Managerial Economics
  4. Exam
    Exam 5: Production and Cost
  5. Question
    If a Company Has a Cost Curve of TC =
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If a Company Has a Cost Curve of TC =

Question 13

Question 13

Multiple Choice

If a company has a cost curve of TC = 300 + 2Q + Q2 and it produces 300 units per day, then its average (total) cost is:


A) $1.00.
B) $303.
C) $300.
D) $602.

Correct Answer:

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