Suppose a firm's short run total cost curve can be expressed as S $T C ( Q ) = 50 Q + 10$ . This firm's short-run marginal cost can be expressed as
A) $50 + 10 / Q$ .
B) $50 Q$ .
C) 50.
D) 10.

Name: Suppose a firm's short run total cost curve can be expressed as S $T C ( Q ) = 50 Q + 10$ . This firm's short-run marginal cost can be expressed as A) $50 + 10 / Q$ . B) $50 Q$ . C) 50. D) 10.
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Question

Quizplus · Accepted Answer

The short-run marginal cost is the derivative of the total cost function with respect to quantity Q, which is 50.

Suppose a Firm's Short Run Total Cost Curve Can Be TC(Q)=50Q+10T C ( Q ) = 50 Q + 10TC(Q)=50Q+10

Suppose a Firm's Short Run Total Cost Curve Can Be $T C ( Q ) = 50 Q + 10$