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Suppose the Cost Function Is C(Q)= 50 + Q −

Question 154

Multiple Choice

Suppose the cost function is C(Q) = 50 + Q − 10Q² + 2Q³.At 3 units of output,the marginal cost curve is:

A) in the increasing stage.
B) in the declining stage.
C) at the minimum level.
D) at the maximum level.

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