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For the Cost Function C(Q)= 100 + 2Q + 3Q²,the

Question 1

Multiple Choice

For the cost function C(Q) = 100 + 2Q + 3Q²,the total variable cost of producing 2 units of output is:

A) 16.
B) 12.
C) 4.
D) None of the answers are correct.

Correct Answer:

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For the Cost Function C(Q)= 100 + 2Q + 3Q2,the