Answered: Assume TC = 400 + 2Q3 What is the…

Business

Economics

Assume TC = 400 + 2Q3 What is the marginal cost at the 4th unit? Enter as a value.

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter21: Production And Costs

Section21.4: Costs Of Production: Total, Average, Marginal

Problem 3ST

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Question

Assume TC = 400 + 2Q³

What is the marginal cost at the 4th unit?

Enter as a value.

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