Assume a certain firm is producing Q=1,000 units of output. At Q = 1,000, the firm's marginal cost equals $20 and its average total cost equals $25. The firm sells its output for $30 per unit. Refer to Scenario 14-2. At Q = 999, the firm's total costs equal 1つ選択してください: a. $25,025. O b. $24,975. O c. $24,980. Od $24.970

Assume a certain firm is producing Q=1,000 units of output. At Q = 1,000, the firm's marginal cost equals $20 and its average total cost equals $25. The firm sells its output for $30 per unit. Refer to Scenario 14-2. At Q = 999, the firm's total costs equal 1つ選択してください: a. $25,025. O b. $24,975. O c. $24,980. Od $24.970

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

Assume a certain firm is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost
equals $20 and its average total cost equals $25. The firm sells its output for $30 per unit.
Refer to Scenario 14-2. At Q = 999, the firm's total costs equal
1つ選択してください:
O a. $25,025.
O b. $24,975.
O c. $24,980.
O d. $24,970.

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