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    Managerial Economics and Business Strategy Study Set 1
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    Exam 5: The Production Process and Costs
  5. Question
    For the Cost Function C(Q)= 50 + 4Q + 2Q<sup>2</sup>,the
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For the Cost Function C(Q)= 50 + 4Q + 2Q2,the

Question 109

Question 109

Multiple Choice

For the cost function C(Q) = 50 + 4Q + 2Q2,the total variable cost of producing 7 units of output is:


A) 32.
B) 102.
C) 126.
D) None of the answers are correct.

Correct Answer:

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