A short-run marginal cost function is estimated as .Which of the following cost functions is associated with this estimated SMC equation? A)TVC = 96Q - 2Q² + 0.05Q³ B)SMC = 96 - 4Q + 0.1Q² C)TVC = 96Q + 4Q² + 0.15Q³ D)AVC = 96 - 2Q + 0.05Q² E)a and d

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The Answer of A short-run marginal cost function is estimated as .Which of the following cost functions is associated with this estimated SMC equation? A)TVC = 96Q - 2Q² + 0.05Q³ B)SMC = 96 - 4Q + 0.1Q² C)TVC = 96Q + 4Q² + 0.15Q³ D)AVC = 96 - 2Q + 0.05Q² E)a and d

A Short-Run Marginal Cost Function Is Estimated as