Given that fixed cost =230and variable cost=12Q ; thetotal cost of producing 30units of output is?а. 230b. 590С. 470O d. 360

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Given that fixed cost =230 and variable cost=D12Q ; the total cost of producing 30 units of output is? а. 230 O b. 590 С. 470 Od. 360

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter7: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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Question

Given that fixed cost =230
and variable cost=12Q ; the
total cost of producing 30
units of output is?
а. 230
b. 590
С. 470
O d. 360

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