5) If Hilltop Turf Farm's total cost of producing acres of sod isTC = 0.20-120Q - 5,000, the marginal cost of producing the fiftieth 50h acre of sod isa) $110.b) $120.C) $130.d) $140.e) $150.

Answered: 5) If Hilltoo Turf Farm's total cost of…

5) If Hilltoo Turf Farm's total cost of producing acres of sod is TC = 0.202-1200 - 5,000, the marginal cost of producing the fiftieth 50th acre of sod is a) S110. b) $120. C) $130. d) $140. e) S150.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

5) If Hilltop Turf Farm's total cost of producing acres of sod is
TC = 0.20-120Q - 5,000, the marginal cost of producing the fiftieth 50h acre of sod is
a) $110.
b) $120.
C) $130.
d) $140.
e) $150.

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OUTPUT TOTAL COST 40 49 2 57 3 64 4 70 5 77 6 85 The TVC of producing 4 units of output is : The AFC of producing 6 units of output is: : The marginal cost of producing the fifth unit of output is: : The ATC of producing 5 units of output is: