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Question 13 (1 point) Assume that the total cost of production is estimated to be represented by the following function: TC = 75.00 + 10Q.

Question 13 (1 point)

Assume that the total cost of production is estimated to be represented by the following function: TC = 75.00 + 10Q. In this production process, the fixed costs of production are?

Question 13 options:

a)

85

b)

rise as Q rises

c)

75

d)

cannot be determined

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