If xed cost (PC) = 243 and the Variable cost per unit (VC) = 10 + IQ The demand function for the product is P = 100 - Q 1. Total revenue function (TR) is : a) 1004.)2 - Q h) [GOD-Q1 c) 100-02 :1) lili+Q2 1 Total cost function (TC) is a) 243+ Q'-Q b) 100Q+ 0' c) Q'+243Q+lli d) Otherwise 3. Total variable cost (TV C) is : a) 56Q+38 b) 38Q+Q2 c) 56Q2+70 d) Otherwise 4. Prot function is : a) -2Q2 50+32Q b) QZ+ZQ+38 c) 302-56-I-Q d) Otherwise 5. Levels of out put at break even points are : a) 14,2 [3) 16,7 c) 56,20 d) Otherwise 6. Levels of out put at the maximum prot is : a) 10 b} 18 c) 8 d) Otherwise 1. At the optimum level of out put (at maximum profit ) the price is : a) 45 h) 62 c) 90 d) Otherwise 3. At the optimum level of out put TR is: a) 500 h) 496 e) 170 d) Otherwise 9. At the optimum level of out put TC is: a) 450 h) 550 e) 424 d) Otherwise 10. At the optimum level of out put ATC ls : a) 53 b} 45 c) 30 d) Otherwise 1|. Maximum prot is : a) 55 b) 20 c) 150 d) Otherwise 12. Usually prot function takes the shape of : a) concave upward b) concave downward c) at Ii) convex