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At a certain manufacturer, the MC is: MC = 3(Q 4) 2 dollars per unit when the level of production is Q units. aExpress the
At a certain manufacturer, the MC is:
MC = 3(Q 4)2 dollars per unit when the level of production is Q units.
- aExpress the total production cost in terms of the FCs and VCs.
- bWhat is the TC of producing 14 units if the FC is $400?
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
